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 Basics - Representations and warranties insurance (R&W Insurance) protects a party from financi...
Read More >
World Law Group member firms recently collaborated on a Global Venture Capital Guide that covers mor...
Read More >
If you watch the news, you may have heard that the requirement known as the “individual mandate” u...
Read More >
While the trucking industry waits for the federal court to hear arguments on the California Trucking...
Read More >
The task of securing company networks and systems is no longer delegated solely to an organization’...
Read More >
As we look forward to the New Year, Massachusetts employers should be aware of upcoming changes to t...
Read More >