Remove Insurance Remove Lien Remove Management Remove Texas
article thumbnail

7 Things Contractors Need to Know About Retainage

Fieldwire

Construction is one of the hardest industries to manage cash flow in, with contractors often facing large up-front costs and frequent, long delays between expenses and payment. Retainage does not extend the mechanics lien deadline A mechanics lien is perhaps the most powerful tool that contractors have to force payment.

article thumbnail

Florida Supreme Court follows Texas' Lamar Homes

Construction Lawyer

Florida Supreme Court follows Texas Lamar Homes. On December 20, 2007, the Florida Supreme Court issued a ruling in United States Fire Insurance Company v. This follows the lead of the Texas Supreme Court in Lamar Homes, Inc. December 21, 2007 in insurance , litigation , news | Permalink. mechanics liens.

Florida 40
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

constructionattorneyblog: New Lennar Opinion issued

Construction Lawyer

CGL policy -- conflict of interest between builder and insurer » April 20, 2006. The Texas Appellate Court has issued substituted concurring and dissenting opinions in Lennar v. Great American Insurance on April 11, 2006 (14-02-00860-CV). April 20, 2006 in insurance , litigation | Permalink. mechanics liens.

article thumbnail

constructionattorneyblog: Limitation of Liability in new AIA Document

Construction Lawyer

Florida Supreme Court follows Texas Lamar Homes » November 11, 2007. The Architect’s duty to indemnify the Owner under this provision shall be limited to the available proceeds of insurance coverage. To offset this problem, B103 permits the owner to require the architect to carry additional insurance (at the owners expense).

article thumbnail

Non-signatory bound by agreement to arbitrate

Construction Lawyer

« Florida Supreme Court follows Texas Lamar Homes | Main. ILLINOIS APPELLATE COURT DEEMS MECHANICS LIEN COUNTERCLAIM UNTIMELY. Seventh Circuit addresses duties of construction manager to injured worker; analysis of Local Rule 56.1. mechanics liens. Non-signatory bound by agreement to arbitrate. from Cialis.

article thumbnail

Arbitration: Email Satisfies Writing Requirement

Construction Lawyer

« Texas Supreme Court orders Arbitration under the FAA | Main. ILLINOIS APPELLATE COURT DEEMS MECHANICS LIEN COUNTERCLAIM UNTIMELY. Seventh Circuit addresses duties of construction manager to injured worker; analysis of Local Rule 56.1. mechanics liens. Arbitration: Email Satisfies Writing Requirement. Categories.

article thumbnail

State by State Incentives Guide

Buisness Facilities Contributed Content

The exceptions are for financial institutions, financial institution groups, and insurance companies that have a maximum business privilege tax of $3,000,000. It also provides certified manager training and supervisory and team leadership training. The minimum tax is $100. a 3% rate for food sold through vending machines, and.

Income 108