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
On January 14, 2020, the Brazilian Ministry of Economy issued an ordinance fixing the 2020 maximum p...
Read More >
Outlook for This Week in the Nation’s Capital - Impeachment. The House Judiciary Committee will ho...
Read More >
COVID-19 and government measures to fight it may significantly affect M&A transactions. On March 16...
Read More >
The Pension Benefit Guaranty Corporation released its Fiscal Year 2019 Annual Report and, you guesse...
Read More >
As scheduled, EEOC and NORC have now provided employers with a way batch upload their EEO-1 Componen...
Read More >
Earlier this month, New York State passed a new law prohibiting discrimination against employees bas...
Read More >