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The Impact of ASC 842 – The New Lease Standard Is Here

Construction Business Owner

The contractor’s focus should be on the impact the lease standard will have on the company, specifically bank and surety considerations, and the specific attributes such as embedded leases, related party leases, consolidation (when there is a variable interest entity), and how to apply the standard to these situations. Accounting & Finance.

Leases 177
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ESG is Not Just for Public Companies

Green Building Law Update

banking industry is signaling its willingness to consider ESG when underwriting lending. ESG has become such a large component of my law practice that I am now collaborating with a fabulous group of attorneys in ESG Legal Solutions, LLC, a new non-law consulting firm “powering sustainability for tomorrow’s business.”

Maryland 177
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Zero Waste in an Era of Net Zero Everything

Green Building Law Update

Numbers are hard to come by and made even more difficult during the pandemic, but a recent presentation to the World Bank estimated more than 2 Billion tonnes of solid waste (. No company should claim to be Zero Waste. There is a lot of waste out there. actually municipal waste not including in water or air) was disposed of last year.

Claims 156
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Construction Law: December 2023

Construction Law

Legal terms explained In our latest legal terms explained article Sienna Kim of Herbert Smith Freehills LLP looks at the often thorny issue of retentions.

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Phases of Commercial Real Estate Development

Construction Marketing

Developers must understand the various financing options, such as traditional bank loans, private equity, and government programs. The success of a commercial real estate development project depends on many factors, including the ability to secure financing, navigate the legal process, and manage risks.

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Construction Law: Jan/Feb 2024

Construction Law

Legal terms explained David Nitek and Noe Minamikata of Herbert Smith Freehills LLP explain what is meant by ‘hot-tubbing’. Not all contingencies are covered, he warns, despite policies being described as “all risks”.

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Successful Commercial Construction Strategies and Operations: Tip #2

HardHatChat

Whether you’re hiring a general contractor , architect, engineer or some other consultant, their ability to pay their subs directly and on time affects the success of your commercial construction project. So your general contractor’s financial problems are costing you time and money. A Dun & Bradstreet report is MANDATORY.