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

Exide Technologies to Pay $45,000 to Settle EEOC Disability Discrimination Lawsuit

Battery Manufacturer Rescinded Its Job Offer Based on Unfounded Fears of Safety, Federal Agency Char...

Read More >

The coronavirus provides an opportunity to hone crisis response plans for the next big challenge

Report on Supply Chain Compliance 3, no. 4 (February 20, 2020) - The coronavirus that has, at the t...

Read More >

Additional Insurance Coverage: Fundamentals and Misconceptions

Additional insured (“AI”) requirements for commercial general liability (CGL) policies are very co...

Read More >

California Bans Discrimination Against Natural Hair

On July 3, 2019, Governor Gavin Newson signed Senate Bill 188, styled “Create a Respectful and Open...

Read More >