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
Source Url: https://www.jdsupra.com/legalnews/walking-the-tightrope-liquidation-74892/
Related
The Court’s decision in New Riegel Local School District Board of Education, et al. v. The Buehrer ...
Read More >
On July 5, 2019, a Centers for Medicare & Medicaid Services (“CMS”) regulation (proposed by the Tr...
Read More >
Employers in New York will be required to comply with the new state minimum wage rates and the new s...
Read More >
A Time of Change - We are in a period of immense change in the legal world as we experience: (i) a f...
Read More >
On February 7, 2020, the U.S. District Court for the Eastern District of California issued an order ...
Read More >
The Fair Labor Standards Act regulates minimum wage and overtime due to employees. It was passed in ...
Read More >