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Advise & Consult: Serious, expert legal insights for the construction industry

Construction Marketing Ideas

This blog, created by a business that provides expert legal witnesses, needs to be written at the level that you would find value if you were a serious lawyer or litigant in a significant construction dispute. I’m not a lawyer, of course, and wouldn’t think of providing specific legal advice to anyone reading this blog.

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Transforming Construction Payments: Autodesk's Strategic Move with Payapps Acquisition 

Autodesk Construction Cloud

Late payments and non-payments are, unfortunately, pivotal contributors to declining contractor productivity eventually, in some cases, leading to bankruptcy for many GCs and subcontractors. Increasing financial risk. High compliance risk. Moreover, manual payment processes also increase compliance risk. Why Payapps?

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Does a Lien Affect Your Credit Score?

Levelset

There are several different types of property liens , which are legal claims against the property held by a debtor. Credit bureaus can collect public information from state and county courts, including bankruptcies. EquiFax also provides three business scores: a payment index, a credit risk score, and a business failure score.

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#130:  Secured Lenders' Rights to Construction Contract Payments

NH Construction Law

Worse, a lawsuit against the general contractor or subcontractor for breach of contract after abandonment of the project will almost certainly be futile; the default on its loan usually signals that it won’t be able to pay a judgment and is probably headed for bankruptcy. Not unless he is prepared to pay twice! 543, 553, 984 N.E.2d

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Completed Operations: A Contractor’s Guide to Coverage, Cost, & More

Levelset

It pays for repairs of damages to the surrounding property, as well as legal expenses incurred during a lawsuit. The policy covers damages to property, bodily injury expenses, and legal fees caused by faulty work or installation of a faulty product. It covers the damages caused by faulty work, product failure, or other causes.

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5 Success Factors for Construction Firms

Construction Marketing

Ensure the entire team knows the objectives, risk, and expectations of a project. Executives receive necessary information to manage projects and minimize risk. It is not unheard of for a construction firm to face bankruptcy and fail because of a lawsuit. With close monitoring of projects, potential legal issues can be avoided.

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The First Green Building Litigation. The Rest of the Story.

Green Building Law Update

promissory note in favor of the contractor, does not tell the rest of the story, nor does the fact Shaw Development later filed for Chapter 11 bankruptcy protection in response to a foreclosure action by the project’s lender. tax credit certificate. And now you know the rest of the story.

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