30Jun
Walking the Tightrope: Liquidation Agreement “Traps for the Unwary”
When crafting a liquidation or “pass-through” agreement for a subcontractor claim against the government, the key provision from the prime contractor’s perspective is a release from any liability for the subcontractor’s claim with the exception of amounts recovered from the government related to that claim. If the release language is too broad, however, the agreement may provide the government a legal defense to the pass-through claim known as the Severin doctrine. The Severin doctrine prohibits...
By:
Bradley Arant Boult Cummings LLP
Related
Small employers have a tough time affording 401(k) plans, that’s a fact. 401(k) plans aren’t cheap...
Read More >
Seattle just joined New York City as one of the few locations in the country to pass minimum wage le...
Read More >
You have probably heard the phrases “fourth industrial revolution” and the “future of work.” Bot...
Read More >
The Boston Planning and Development Agency (“BPDA”) has approved an amendment to the Boston Zoning...
Read More >
Every year nearly one million Social Security recipients nationwide rely on nonprofits, nursing home...
Read More >
A monthly snapshot of U.S. labor and employment law developments, and why they matter. 1. Supreme ...
Read More >