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
On November 12, 2019, more than 300 employees at the BLM’s headquarters in Washington D.C. received...
Read More >
Seyfarth Synopsis: Effective January 1, 2020, Cal/OSHA is revising its injury reporting obligations ...
Read More >
The New Jersey Department of Labor and Workforce Development earlier this month released the report ...
Read More >
ICE is now conducting worksite inspections for STEM OPT employers. ICE’s stated purpose for conduct...
Read More >
Our Unclaimed Property Group examines the recently enacted SECURE Act and the significant changes th...
Read More >
Under Washington’s new Paid Family Medical Leave (PFML) law, eligible employees will be entitled to...
Read More >