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Don’t Settle Your Construction Dispute Without Checking with the (Insurance) Man

Best Practices Construction Law

Well, in a recent construction dispute in Maryland, “the Man” was the owner’s insurance company. The project involved the construction of the $900m Gaylord hotel and convention center in Oxon Hill, Maryland. The Contractor did not notify the insurance carrier of the dispute prior to settlement.

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New Maryland Real Estate Laws from the 2020 Legislative Session

Green Building Law Update

The 71 day session of the Maryland General Assembly was for the first time since the Civil War cut short from the prescribed 90 days (. of note, the legislature has met for 90 days since the predecessor, appointed not elected, General Assembly of Maryland was first called together in 1635 in St. Historic Discrimination.

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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. This credit can also be claimed against the insurance premium tax, the oil and gas production and property taxes, the fisheries business and landing taxes, and the mining license tax.

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STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

The private sector participant finances 50 percent of the project cost and takes a first lien on assets pledged as collateral. The SBA takes a second lien on assets and finances up to 40 percent of the project cost, up to $1 million in some cases. The amount of the refund is based on the employer’s unemployment insurance tax rating.

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