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Contractors Beware: Depositing a Check Titled “Final Payment” May Be an “Accord and Satisfaction” or “Final Release” That Prevents You From Recovering Further Payment

December 22, 2022 Construction Industry Legal Blog

As a general contractor, subcontractor, or supplier, you have likely experienced problems collecting final payment from your customer.  You get to the end of the project, and your customer does not want to pay you the full amount you are owed.  Then you get a check in the mail from […]

Important Contract Terms for Every Small Business

November 24, 2022 Construction Industry Legal Blog, Cross-Industry Legal Blog, Real Estate Development, Sales and Leasing Industry Legal Blog

Every small business should have a written contract, whether it is with its customers, vendors, or suppliers.  While every business is different, and this may apply to some industries more than others, it is important for small businesses to evaluate when or how a dispute could arise and whether they […]

Construction Contractors Beware the Consequences of Consequential Damages

April 7, 2022 Construction Industry Legal Blog

Consequential damages for breach of a construction contract are a significant risk that contractors need to understand and be aware of in connection with construction projects.  This blog explains the difference between consequential damages and direct damages for breach of contract, and provides recommended ways for construction contractors to mitigate […]

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