X
17Nov

Talking Point: Insolvency risk in the construction industry

Hogan Lovells | | Return|
In the difficult market conditions which have accompanied the COVID-19 pandemic, the financial health of many industries has been adversely affected. The construction industry is no exception and the insolvency of a party to a construction contract would lead to a number of challenges from both the contractor and the employer’s perspectives. We discuss some key considerations and potential steps that could be taken by the employer and contractor where an insolvency event (e.g. liquidation,...
By: Hogan Lovells
Source Url: https://www.jdsupra.com/legalnews/talking-point-insolvency-risk-in-the-14369/

Related

Washington District Court Overturns Approval of Third-Party Releases in a Settlement Agreement and Related Free-and-Clear Sale

For nearly 25 years, courts in the Ninth Circuit have consistently refused to sanction nonconsensual...

Read More >

Sustainable Development and Land Use Update - February 2021

Biden executive order lays foundation for restoring fair housing rule - The Real Deal – January 2...

Read More >

Real Estate Development in the Time of Coronavirus: Massachusetts – Update 4/28/20

GOVERNOR BAKER EXTENDS ORDER REGARDING BUSINESSES AND GATHERINGS - On April 28, 2020, Massachusetts...

Read More >

Indoor Farming Start-Up To Go Public Following Merger With SPAC

SPAC transactions present an opportunity for accelerated growth in the AgTech industry, especially i...

Read More >

9th Circuit Holds that Prior Salary is Not a Defense to An Equal Pay Act Claim

Yesterday, the full Ninth Circuit held that an employer cannot rely on an individual’s prior salary...

Read More >

The Final Overtime Rule – How it will Affect your Business

On September 24, 2019, the U.S Department of Labor announced the final rule on employee eligibility ...

Read More >