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    Pay-if-paid clauses and payment bonds
    2013-06-19
     

    Overview

    Filed under:
    USA, Construction, Insolvency & Restructuring, Litigation, Smith Currie Oles LLP, Condition precedent, Surety, General contractor, Subcontractor
    Authors:
    Clifford F. Altekruse
    Location:
    USA
    Firm:
    Smith Currie Oles LLP
    How to turn a judgment into ca$h
    2013-06-19

    Congratulations! You have won your case and finally obtained a judgment against that owner or contractor who owes you money. Obtaining the judgment has not been easy. It has required hundreds of hours of time meeting with attorneys, collecting documents, printing e-mails, attending depositions and hearings, and perhaps even testifying at trial, not to mention the money spent on expert witnesses and attorneys. Given that justice has been served, has the time and expense of obtaining your judgment been worth it? Not necessarily.

    Filed under:
    USA, Insolvency & Restructuring, Litigation, Smith Currie Oles LLP, Debtor, Attorney's fee
    Authors:
    Joseph J. Dinardo
    Location:
    USA
    Firm:
    Smith Currie Oles LLP
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