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

Good News For Employers: D.C. Circuit Insists On “Hard Look” At Uninjured Class Members At Class Certification Stage

Seyfarth Synopsis: In a decision with far–reaching implications for workplace class actions, the D....

Read More >

Australian Taxation Office Increases Scrutiny of Australian Inbound Investments

The Situation: The Australian Taxation Office ("ATO") has broadened its role in the process for revi...

Read More >

Parents of Children with Serious Health Conditions Can Take FMLA Leave to Attend Certain Special Education Meetings

Parents’ need to attend CSE/IEP meetings of a child with a serious health condition is now consider...

Read More >

Financial Daily Dose 12.03.2019 | Top Story: US Threatens Tariffs on French Goods Over New Digital Services Tax

Because who wants a nice quiet December, right? Yesterday, the U.S. opened yet another trade war fro...

Read More >

The 4th Circuit Stays Construction of the Mountain Valley Pipeline — A Lesson in Preventing a Fait Accompli

Earlier this week, the 4th Circuit Court of Appeals stayed construction of the Mountain Valley Pipel...

Read More >

New Legislation Includes Employee Benefits Changes: Why M&A Practitioners Should ‘CARE’

Financial assistance and other relief provided to employers under the Coronavirus Aid, Relief, and E...

Read More >