#125: Pay-if-Paid Clauses and Contractor Default
NH Construction Law
MAY 20, 2023
The main purpose of such clauses is to shift the risk of owner nonpayment, whether due to owner insolvency or owner breach, from the contractor to the subcontractors. JBC Merger Sub LLC v. Tricon Enterprises, Inc. , 145, 286 A.3d 3d 1186 (2022), didn’t think so. ” In re Estate of Kelly , 130 N.H. 773, 781 (1988).
Let's personalize your content