The Irrevocable Spousal Trust (“IST”) is an irrevocable trust created for the lifetime benefit of the grantor’s spouse, and then typically for the benefit of children or grandchildren. The IST is [...]
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Part I: Introduction and An Owner’s Preliminary Considerations A product warranty is a qualified promise made by a manufacturer that a defective product will be repaired or replaced if the [...]
All businesses, inevitably, will have customers which experience credit issues or may even file for bankruptcy protection. Once a bankruptcy case is filed, all collection activities against the [...]
On January 22, 2019, the United States Supreme Court unanimously held that “secret sales” of an invention subject to confidentiality provisions can invalidate patent rights under the “on-sale [...]
Industry norm is that roof warranties disclaim any coverage for consequential damages. Most manufacturers utilize that exclusionary language in discussions with owners to limit claims made under [...]
Utilizing a prorated or pro rata roofing warranty as part of your standard terms and conditions is an excellent tool to mitigate risk and limit liability in the event of a major roofing [...]
Has a customer ever asked you to use construction drawings from another job? Or have you found out that another contractor was using your drawings? This can be a very frustrating situation – and [...]
Roofing companies grappling with a shortage of workers may turn to temporary staffing agencies for workers. Companies should make sure that the contract between their company and the staffing [...]
Persons looking to buy or sell businesses or real estate are often stymied by suspected environmental liabilities, but overlook environmental insurance as a possible solution. A product that has [...]
I recently posted a series of blogs regarding the features of certain types of preferred stock. The posts were separate in order to keep things short and relatively simple. These types of [...]
