Litigation: How to Value Claims and What’s Worth It?
As an attorney, one of the questions I’m often confronted with is whether a claim (money owed) is worth starting litigation, or in layman terms, is it worth “taking it...
Get help with everything you need to know about construction payments.
As an attorney, one of the questions I’m often confronted with is whether a claim (money owed) is worth starting litigation, or in layman terms, is it worth “taking it...
Extending labor and/or materials on credit open up the possibility of your business being burdened with bad debt. Since the actual cost of bad debt is many times greater than...
Recent federal figures released by the Associated General Contractors of America (AGC), and reported on by Roads & Bridges, indicate that January 2013 saw a significant increase in construction material...
Do you have mechanics lien rights? This is a very complex question in any state as all lien legislation is riddled with gray areas and legal rule exceptions. The California...
Mechanics Lien Policy is Important for Credit Policy I’ve recently mentioned that, in my opinion, a consistent and consistently utilized lien policy is a crucial part of a proper credit...
The first step in managing credit wisely is to make informed decisions about which parties should qualify, how much credit they should be extended, and the terms thereof. Your credit...
In a recent publication of Construction Executive there is a nice article written by J. Craig Rusk on alternatives to both payment and performance bonds in the construction industry. These...
Filing a mechanics lien is something your company may consider when a customer account goes into default, but you’ll likely be juggling promises to pay, customer relationships and other complexities...
As a New Orleans resident, I know the devastating effect that Hurricanes can have on the landscape. As a construction lawyer in this area, I know the effects that natural...
A few weeks ago someone posted an article on the National Association of Credit Management website suggesting that credit professionals should “always check for, eliminate ‘pay if paid’ provisions.” The article got...
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