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Five Easy Steps to Protect Payment on Private Projects

Five Easy Steps to Protect Payment on Private Projects

by kclawdev | Mar 8, 2024 | Construction, Corporate, Real Estate

STEP 1: REQUEST THE NOTICE OF COMMENCEMENT OR THE BOND the clocks start on subcontractors’ and supplier’s deadlines to serve their Notice of Furnishing once the Notice of Commencement is recorded, posted, or provided. Subcontractors/suppliers should serve their Notice...
Beware of Consequential and Liquidated Damages

Beware of Consequential and Liquidated Damages

by kclawdev | Mar 8, 2024 | Construction, Corporate, Estate Planning, Exit Planning, Real Estate

Consequential damages and liquidated damages generate more conflict than almost any other issue in contract law. For starters, they are unpleasant subjects: they concern the cost of a broken agreement. It is common for parties not to want to address the unpleasant...
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