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Eminent Domain:What you need to know when the government targets your property for acquisition. What is Eminent Domain?Eminent Domain, also known as Condemnation, is the government’s power to involuntarily acquire private property from business and property owners, but only under lawful...
Last year, the cost of construction disputes totaled $42.8 million! This article explains their common causes and the best practices for construction dispute resolution.
Don’t Be Caught Off Guard! The 2024 Federal Update to the Corporate Transparency Act Will Affect All Businesses Owners and Requires Action.
Learn how the recent MDH Construction v Asquith ruling affirms that residential construction, builders who fail to document changes to a contract in writing forfeit their lien rights.
On June 2, 2023, the Federal Acquisition Regulation (FAR) Council published an interim rule prohibiting the presence and use of the social media app TikTok and any successor application or service developed or owned by ByteDance Limited. This ban applies to federal contractors and subcontractors...
While many organizations understand the importance of succession planning, few take the time to develop and implement effective strategies. In this article we examine how to get started.
Learn the ins-and-outs of 1031 exchanges and how to maximize your tax savings in real estate.
By: Christopher E. Nyenhuis and Mark A. Rysberg On November 15, 2021, President Biden signed the Infrastructure Investment and Jobs Act (IIJA) into law. The IIJA appropriates $1.2 trillion in funding for physical infrastructure improvements. This represents the largest public investment in...
Mediations: To Zoom or not to Zoom, that is the Question… The Pandemic brought many challenges, but it also presented opportunities. One of those opportunities was participating in litigation mediations via Zoom. At first, there was a general reluctance to utilize online services such as Zoom for...
The construction industry is ever-changing and always looking for new ways to save costs and improve speed, quality, and efficiency. A common tool employed to achieve these goals is the delegation of certain design responsibilities for the project. For example, a mechanical contractor might be...