In its February 19 ruling in Universal Concrete Products Corp. v. Turner Const. Co., the Fourth Circuit once again confirmed the well-established Virginia rule that “pay-when-paid” clauses are enforceable in construction agreements in the absence of clear contractual ambiguity. In Universal Concrete, the Subcontractor unsuccessfully argued to the District Court on summary judgment that an ambiguity existed regarding payment by virtue of language in the AIA contract between the Owner and Turner. The District Court disagreed and the Fourth Circuit affirmed. The Fourth Court found that Turner had no obligation…
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Just as health care is becoming increasingly complex, so are the legal matters facing health care clients. At DurretteCrump, our attorneys provide individualized, innovative counsel regarding general corporate matters including acquisitions and reorganizations, tax matters and tax-exempt issues, real estate and facility construction matters, capital finance and reimbursement issues, and compliance with federal and state health laws. Our attorneys also have extensive experience representing health care clients in litigation and regulatory matters including government investigations, civil and criminal fraud prosecutions and payment disputes. Kenneth D. McArthur, Jr. is the Chairman…
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Current economic times are making bankruptcy issues more complex—and more common. Whether you are a business owner, unsecured creditor, bankruptcy trustee or financial institution, our attorneys understand you need strategic solutions and innovative, individualized counsel to guide you through the legal process and help you achieve your goals. At DurretteCrump, our experienced team of professionals represents individuals and corporations in bankruptcy proceedings including informal workouts, Chapter 11 bankruptcy reorganizations and complex Chapter 7 bankruptcy liquidations for businesses and solo practitioners. We also have experience bringing and defending adversary proceedings for…
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