From the category archives: Legal

Legal

The Impact of Changing Business Formations

When looking to grow a business, it’s important to consider both the advantages and disadvantages of the firm’s existing legal structure. Before making a decision, determine the impact a change will have on current operations, liability and tax obligations.

The Enforceability of Liquidated Damages Clauses

  To be enforceable, a liquidated damages provision must be a reasonable estimate of the damages an owner would incur if the contractor fails to complete the project by the required completion date. If the liquidated damages amount is unreasonable and considered an attempt to coerce or penalize the contractor, the clause will be deemed an unenforceable “penalty.”

Planning for a Successful International Expansion

The reasons for contractors' cross-border expansion range from supporting an existing customer’s request and acquiring a new business to participating in a joint venture and diversifying economic risks from a regional perspective. In any international expansion scenario, several key factors must be considered to improve the likelihood of success.

Small Contractors Poised to Take Big Hit on Health Insurance Rates

As designated by the Patient Protection and Affordable Care Act (PPACA), seven major changes in the small group market that take effect in January 2014 (or at the time of a non-grandfathered company’s first renewal in 2014) will have a disproportionately negative impact on subcontractors

 

Bringing Balance Back to the NLRB
Although its purpose is to interpret the National Labor Relations Act in a fair...

2018 Regional Construction Outlook
Starting in 2012, the construction sector generally has turned in stronger growth...

The DNA of Giving Back
This month marks 89 years in business for Vogel Bros. Building Co., a fifth...

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