Construction Enquirer
JUNE 27, 2023
An update on the administration filed at Companies House said the firm was sunk by a combination of rising materials costs, project delays and defect liability claims. It also detailed the level of debts with 208 unsecured creditors left holding unpaid invoices. with 31 staff working at the company.
Levelset
JULY 25, 2022
Several different types of capital — working capital , debt capital , and equity capital — are common in the construction industry. For most businesses, working capital will be front of mind, but debt capital and equity capital serve important purposes as well. Debt capital. 3 types of capital for construction. Working capital.
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Construction Law
MAY 2, 2024
Arbitration Restructuring versus arbitral awards – will the debt survive? Paul-Raphael Shehadeh of Duane Morris analyses a dispute that will be of great interest to insolvency and international arbitration practitioners, that highlights the benefits of a negotiated dispute settlement.
Autodesk Construction Cloud
NOVEMBER 15, 2021
The difference between secured and unsecured debts. Karalynn also brought up the tendency of the industry to pass liability down the chain when drawing up contracts. For this reason, construction professionals must find better ways to craft and negotiate agreements. We discuss: The current state of construction contracts.
PSMJ Resources
JULY 10, 2013
When negotiating a contract, insert as many of the following terms into the contract as possible: 1. It''s a good negotiating tactic to ask for money up front. In addition to normal reimbursables, ask for reimbursement for items such as liability insurance premiums, computer time, and messenger services.
Contractor Bookkeeping
MAY 5, 2014
They may call your contracting company for future work or they may decide to shop the competition and use the information they find to negotiate for a lower price. The Balance Sheet is the summary report which shows all of the assets minus the liabilities which equals the "Book Value" or owner''s equity.
Revit OpEd
DECEMBER 22, 2017
This new provision may impact the way that the parties to a sexual harassment or sexual abuse suit negotiate during the settlement process, but is unlikely to significantly deter the use of nondisclosure agreements. Drizner is a partner at Seyfarth Shaw LLP and concentrates his practice on federal and state taxation and corporate law.
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