15Jan
Nevada Supreme Court Finds That Pay-If-Paid Provisions in Construction Contracts Are Not Per Se Unenforceable Under Prompt Payment Act
In October, the Nevada Supreme Court revisited the enforceability of pay-if-paid clauses in construction contracts. Despite being enacted nearly two decades ago and being amended several times since, the Nevada Prompt Payment Act still garners differing opinions regarding the enforceability of pay-if-paid clauses, which the Nevada Supreme Court held requires a case-by-case analysis. In broad terms, the Nevada Prompt Payment Act requires compliance with contractual terms of construction...
By:
Snell & Wilmer
Related
Effective January 1, 2020, California employers may no longer require an employee or applicant to ag...
Read More >
On December 23, 2019, the National Labor Relations Board (NLRB, or the Board) overturned an Obama-er...
Read More >
To wrap up our Real Estate Review Miniseries our final entry looks at how owners and builders can mi...
Read More >
Deadlines are approaching for employers to report the year’s employee exercises of incentive stock ...
Read More >
Major changes are in store for New York employers under a new bill passed in the waning hours of the...
Read More >
In Notice 2020-06 the Internal Revenue Service (IRS) provides helpful relief for IRA providers that ...
Read More >