2 Key Factors In Pay-If-Paid Construction Payment Disputes
Law360 (October 7, 2019, 3:51 PM EDT) -- A construction project can be a breeding ground for payment disputes between a general contractor and its subcontractors. When the general contractor has provided a payment bond for the project, the payment bond surety is often the target of a subcontractor's lawsuit for payment. When that lawsuit stems from the project owner not paying the general contractor the monies the subcontractor claims to be due and the general contractor has not paid the subcontractor because the subcontract includes a pay-if-paid clause, may the payment bond surety rely on that conditional payment clause as a defense to the subcontractor's payment bond claim?...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!