E-Verify System Mandatory for Government Contractors
On November 14, 2008, a Final Rule requiring certain federal government contractors and subcontractors to use the E-Verify system was posted in the Federal Register. The effect of the final rule amending the Federal...
Georgia legislature makes significant revisions to Georgia lien statutes
Liens are a fact of life in the construction industry. Since they are creatures of statute, the requirements vary from state to state. The Georgia legislature recently made significant revisions to the Georgia lien...
Kentucky Appeals Court strikes hidden arbitration clause
On April 16, 2008, the Court of Appeals of Kentucky denied a petition for rehearing of its order affiming a finding by the Pike Circuit Court that an arbitration clause between Paul Miller Ford...
Volunteering for Nonprofit Boards
Serving as a board member for a not-for-profit organization can be a personally and professionally rewarding experience. But like any other venture, you should have a thorough understanding of what you're signing on for...
Finance Charge Provisions of Kentucky's Motor Vehicle Retail Installment Sales Act are Back
On March 7th we alerted you to a controversial ruling by Franklin Circuit Judge Phillip J. Shepherd which declared the Kentucky Motor Vehicle Retail Installment Sales Act unconstitutional. Americredit Financial Services v. Tillman, No...
The Federal Reserve Board proposes substantial changes to Reg Z
In response to significant pressure from Congress, the Federal Reserve Board (FRB) recently proposed sweeping amendments to Regulation Z, which implements the Truth in Lending Act (TILA). The FRB is proposing these rules in...
To Receive Interest on Late Payments Under the Kentucky Fairness in Construction Act
The recently enacted Kentucky Fairness in Construction Act offers relief to aggrieved contractors awaiting late payments from dilatory owners, or subcontractors waiting for contractors to pay. The Act provides that owners must pay contractors...
Do contract notices, sent by email, hold water?
Notice is an important concept in construction. Many construction contracts permit or require all notices to be in writing with some specified means of delivery, such as U.S. Mail, fax or FedEx. In recent...