Contractors and Bankruptcy Law

An legal expert offers advice Many residential contractors filed for bankruptcy protection as a result of the 2008 economic downturn. With this in mind, I came across an excellent article on bankruptcy from the contractor’s perspective. This article was writtenRead The Full Article »

Contractual Risk Transfer

Understanding indemnification, additional-insured status, and waivers of subrogation Upper-tier contractors commonly attempt to contractually transfer the risk of loss to lower-tiered contractors, such as subcontractors. The most common contractual risk transfer tools are indemnification/hold harmless clauses, request of additional insuredRead The Full Article »

The Cost of Hiring Illegal Aliens

Contractor facing up to $1 million in fines and 10 years Was it worth it? That is the question Horry County contractor Daron Keith Stalvey is probably asking himself after pleading guilty to hiring illegal immigrants and tax evasion. TheRead The Full Article »

Drywall Contractors May Defeat Pollution Exclusion

State courts will rule on Chinese drywall lawsuits Attorneys Jeff Vita and David Jordan explain in excellent article how contractors who are being sued for Chinese drywall problems may defeat their General Liability carriers’ use of the pollution exclusion toRead The Full Article »