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
The world’s largest medical device manufacturer, Medtronic, Inc. – based in Minnesota – recently...
Read More >
Following the enactment of the Competition Amendment Act during 2019 and the subsequent promulgation...
Read More >
Let's dispel some myths. Force majeure clauses do not always relieve a party of its obligations. Not...
Read More >
A recent case from the Third Circuit casts a spotlight on many of the problems inherent in so-called...
Read More >
The problem with being a 401(k) plan sponsor is that you have to be on top of everything because as ...
Read More >
We continue to see an uptick in union petition filing and the win rate for unions in certification e...
Read More >