X
11Oct

Language in Performance Bond Critical in Determining Surety’s Rights to Complete

If an owner terminates a contractor due to a contractor default on a bonded project, can the surety hire the same contractor to complete the work under the bond? Depending on the language of the bond, it may be permissible in Florida....
By: Saul Ewing Arnstein & Lehr LLP
Source Url: https://www.jdsupra.com/legalnews/language-in-performance-bond-critical-61797/

Related

Some Less Egregious Aggregation? – First Circuit Reverses the District Court in Sun Capital Partners

The recent decision by the U.S. Court of Appeals for the First Circuit in the Sun Capital Partners c...

Read More >

Is It Time? The Importance of Updating Town and Village Comprehensive Plans

The Covid-19 health crisis has sent widely-discussed shockwaves through the real estate industry tha...

Read More >

Defying gravity: US M&A H1 2019: Three key M&A decisions from Delaware courts

The first half of 2019 saw several decisions from the Delaware courts that will affect M&A dealmakin...

Read More >

Texas Rule on “Gig Workers” Takes Effect

The Texas Workforce Commission (“TWC”), the agency responsible for administering unemployment bene...

Read More >

NLRB Proposes Changes to Representation Case Procedures

On August 12, 2019, the National Labor Relations Board (NLRB) will publish a notice of proposed rule...

Read More >

DEP Seeking Comments on Next General Permit

After recently finishing off the public comment period for one National Pollutant Discharge Eliminat...

Read More >