Fred Jacoby Ray Deluca

August 04, 2018 | The Legal Intelligencer

Construction is a risky business. Construction contracting is an exercise in dealing with risks by allocating them among the various project participants. Most construction contracts contain terms and conditions that shift the risk of nonpayment from the owner downstream to the subcontractor.

By Fred Jacoby, Ray DeLuca and Jeff Mullen

1 minute read

August 21, 2017 | The Legal Intelligencer

Construction contracts, because of the nature of the undertakings, the number of parties, and the layered involvement of specialty contractors at various tiers, are complicated and often attract complex and expensive litigation. To deal with this dynamic, construction contracts often contain risk shifting devices that are intended to transfer the potential liability for particular risks that affect the various participants.

By Fred Jacoby, Ray DeLucA and Jeff Mullen

8 minute read