QUICK NOTE: PERFECTING & PRESERVING CONSTRUCTION LIEN & PAYMENT BOND RIGHTS
You are a subcontractor, sub-subcontractor, or supplier on a construction project. What steps can you take to maximize your ability to collect payment?
- Read this chart to understand what steps you need to undertake to preserve and perfect construction...
LIQUIDATED DAMAGES IN CONSTRUCTION CONTRACTS – WHO BEARS THE BURDEN?
Liquidated damages are in many, many construction contracts. They are designed to capture an owner’s damages if a project, or portion thereof, is not substantially completed by an agreed date. The liquidated damages provision contemplates that the...
OBTAINING TEMPORARY INJUNCTION TO ENFORCE NON-COMPETE AGREEMENT
When a party breaches a non-compete agreement (with a non-solicitation clause), the non-breaching party typically moves for a temporary injunction. The breaching party is the party that signed the non-compete agreement, such as...
PROVING & DEFENDING LOST PROFIT DAMAGES
I have written numerous articles regarding the challenge in proving lost profit damages. Yes, lost profits are a form of damages in business disputes, but they are a form of damages that...
PERSONAL GUARANTOR CANNOT ESCAPE A PERSONAL GUARANTEE BY…
In a prior article, I discussed the point that a personal guarantor cannot escape a contractual requirement of a personal guarantee merely by executing the guarantee as a corporate officer.
About The Author
David Adelstein
Phone: (954) 361-4720
Email: Dadelstein@gmail.com