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

Independent Contractors Redux: Fifth Circuit Returns to Oil Patch to Address Independent Contractor Status Under the Fair Labor Standards Act

Overtime Pay in the Oil Patch - The boom for domestic energy producers, particularly in the Permia...

Read More >

NLRB Hits Unions with One-Two Punch the Week Before Labor Day

The National Labor Relations Board (the Board) continues to modify the way employers, unions and emp...

Read More >

Town of East Hampton ZBA Denial of 9.8 Foot Setback Variance for a Patio is Upheld by Appellate Division, Second Department

In July of 2016, Lisa and Robert Gerbino (hereinafter “Gerbinos”) made an application to the Town ...

Read More >

Financial Daily Dose 3.18.2020 | Top Story: Markets Gain on Stimulus Promise as Volatility Rules

Volatility’s the name of the game these days on Wall Street. So what was down on Monday was up (a b...

Read More >

Financial Daily Dose 1.13.2020 | Top Story: Labor Dept. Issues Stricter Joint Employer Test in New Rules

Sunday’s release of a long-awaited Labor Department final rule on joint employment spells trouble f...

Read More >

Data Security for Owners and Contractors: Protect Construction Investments From Catastrophic Loss

Long before the COVID-19 pandemic, the construction industry was "going global" using available tech...

Read More >