Nicole Lentini and Rebecca Clawson Juhl | Construction Law Blog The COVID-19 pandemic has burdened subcontractors with workforce shortages, supply chain issues, and financial difficulties. Therefore, as states lift their stay-at-home orders issued to limit the spread of COVID-19 and construction projects resume, subcontractors’ ability to complete demanding, time-sensitive projects might be impacted. Subcontractor default… Continue reading Will Subcontractor Default Insurance Still Have Value in the Recovering Economy?
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Piercing the Corporate Veil: Help with Subcontractor Defaults
By Albert B. Wolf Attorney at Law Recently, I have had a number of calls from general contractor clients complaining that one or more of their subcontractors have gone broke, leaving a bunch of unpaid suppliers. So what do they do? There are two possible solutions that might work if their owners have personal wealth… Continue reading Piercing the Corporate Veil: Help with Subcontractor Defaults