X
17Jul

In California, It’s Time to Revisit Your "Pay-When-Paid" Contract Clause

Snell & Wilmer | | Return|
In California, the "pay-when-paid" contract language typically found in general contractor’s subcontractor agreement may no longer be enforceable. A contract provision requiring a subcontractor to wait until the general contractor concluded its litigation with the owner before it could seek payment on a payment bond was held unenforceable as against public policy in a recent appellate court decision, Crosno Construction, Inc. v. Travelers Casualty and Surety Company of America (2018) WL 4183622...
By: Snell & Wilmer
Source Url: https://www.jdsupra.com/legalnews/in-california-it-s-time-to-revisit-your-96449/

Related

Sexual Harassment In The Workplace: What US: Washington State Companies Need To Know

Below are summaries of recent laws adopted in Washington State that could be interpreted as relating...

Read More >

Seyfarth Shaw Policy Matters Newsletter - November 2019 #3

Once. Twice. Three Times for JE. This week, the Administration released its Fall 2019 Regulatory Age...

Read More >

[Video] Is My New Hire an Employee or a Contractor? Key Factors for Startups to Consider

Is My New Hire an Employee or a Contractor? Key Factors for Startups to Consider Employee or contra...

Read More >

CCLD Applies Anti-Reliance Provisions, Dismisses Buyer’s Fraud Claims

Infomedia Group, Inc. v. Orange Health Solutions Inc., C.A. No. N19C-10-212 AML CCLD (Del. Super. Ct...

Read More >

Canon Inc., Toshiba Corporation Agree to Pay $5 Million for Violating HSR Requirements

In July 2015, Toshiba Corporation (“Toshiba”) revealed that it had overstated its profits by billi...

Read More >

Data Center Investments In China: Cloud 9 For Foreign Investors?

Internet data center (“IDC”) projects in China have attracted ever-increasing investment interest ...

Read More >