17Jul
In California, It’s Time to Revisit Your "Pay-When-Paid" Contract Clause
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
Related
The U.S. Court of Appeals for the Third Circuit recently issued a decision that could change the lia...
Read More >
Private companies grant stock options to their employees as a way to retain and motivate them and to...
Read More >
As states across the country continue to grapple with the ongoing COVID-19 pandemic, Michigan Gov. G...
Read More >
Can an employer ever win a motion for summary judgment on a discrimination case in state court? The...
Read More >
One of the Equal Employment Opportunity Commission’s top priorities has been to stop employers from...
Read More >
Trends in Material Adverse Change Clauses – Implications of Coronavirus on M&A Transactions - On M...
Read More >