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Archive by tag: PCReturn

OTA & Travel Distribution Update: Despegar moves forward with Best Day acquisition; Roomkey suspends operations; Booking.com transitions its tours and experiences business to TUI Group's Musement

After weeks of Updates detailing the disastrous effects of COVID-19 on the lodging industry, this week’s Update includes stories on (potential) signs of an industry recovery. I hope you enjoy....By: Foster Garvey PC
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Foster Garvey PC | Jun 20,2020 |

[Webinar] Stipulated Sum and Liquidated Damages in Infrastructure Projects: What Are They, Are They Enforceable, and How Do You Beat Them? - July 1st, 12:00 pm - 1:00 pm ET

Most parties on a construction project know that a liquidated damage may be assessed for each day of the delay past a contract completion date. However, in infrastructure and highway contracts, there are many different events that can result in a liquidated damage or stipulated sum charge....By: Cohen Seglias Pallas Greenhall & Furman PC
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[Webinar] Construction Law for Contractors, Beyond the Basics - June 25th, 12:00 pm - 1:00 pm ET

In the course of managing a construction company, its projects and people, contractors, subcontractors, and owners, are likely to run into legal issues beyond simple claims. In this webinar, Michael McKenna will identify some of those key areas—ranging from issues of suretyship to dispute resolution notices—that may create obstacles in the course of a project. Mike will also cover legal essentials such as construction liens, handling subcontractor claims, stipulated sums, bankruptcy, schedulin...
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CARES Act Questions for the Real Estate and Construction Industry - Updated #3

Congress recently passed the economic stimulus package referred to as the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act1”), the Paycheck Protection Program and Health Care Enhancement Act (“PPPHCE Act”), and the Paycheck...By: Schwabe, Williamson & Wyatt PC
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New Law Adds Substantial Penalties for Wage Violations and Makes General Contractors Liable for Subcontractor’s Payment of Employees

New legislation effective July 1, 2020 amends Virginia Code § 40.1-29, which governs employer liability for payroll violations, and enacts a new section, Virginia Code § 11-4.6, which deems general contractors to be employers of their subcontractor’s...By: Sands Anderson PC
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Sands Anderson PC | Jun 04,2020 |

Potential Changes in Office, Retail, and Residential Construction in the Post-COVID-19 Market

The shelter-in-place orders during the COVID-19 pandemic have altered the way we work, play, and interact. Retail establishments have been forced to close or dramatically change the way they operate. Many office buildings are sitting idle as staff...By: Schwabe, Williamson & Wyatt PC
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CARES Act Questions for the Real Estate and Construction Industry - Update #2

Congress recently passed the economic stimulus package referred to as the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act1”) and the Paycheck Protection Program and Health Care Enhancement Act (“PPPHCE Act”) (together, the CARES...By: Schwabe, Williamson & Wyatt PC
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Worst-Case Scenarios: Navigating The ‘What Ifs’ Of Coronavirus

Before the coronavirus hit, the real estate industry was riding an all-time high. Global CRE investment was at its highest level ever, home building was up, and developers were eager to use the industry’s continued momentum to get new projects...By: Goulston & Storrs PC
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Goulston & Storrs PC | May 20,2020 |

New Jersey Begins Re-Opening Process

As the rate of reported new COVID-19 cases in New Jersey continues to decline, Governor Murphy has begun the process of reopening the State. On May 13, 2020, the Governor issued Executive Order No. 142 (the “Order”) permitting (i) non-essential...By: Chiesa Shahinian & Giantomasi PC
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OTA & Travel Distribution Update: Trivago and Airbnb announce austerity measures; Despegar reconsiders acquisition of travel agency Best Day; vacation rental platforms face scrutiny by the U.K.’s Competition and Markets Authority

This week’s Update features a number of stories detailing the disastrous effects of COVID-19 on some well-known distributors. No one is immune from this current downturn....By: Foster Garvey PC
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Foster Garvey PC | May 13,2020 |
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