When it comes to project delays that incur additional cost, there are two categories: excusable and inexcusable delays. Generally speaking, only inexcusable delays will allow an owner to recover damages from a contractor, or a contractor from a subcontractor. Let’s look at the difference between excusable and inexcusable delays in contract disputes.
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Contract Disputes in the Construction Industry – Part 1
Contracts are foundational to the way we do business in the modern world. Consequently, contract violations can be very serious and costly. One area where penalties for contract disputes are common and can be very expensive is in the construction industry.
Even in Bankruptcy, For-Profit College Chain in Hot Water
It’s been four months since for-profit college chain ITT Tech closed all of its campuses, including its Albuquerque location near Ellison and Jefferson. The shutdown came just before a bankruptcy filing on September 16th of last year, but ITT became the subject of another legal action earlier this month.
Are You Ready for Divorce
In some ways, it is – the end of an era, the end of one phase of a relationship. But really, the decision to get divorced is just the beginning. Even if both parties agree divorce is their best option, it is still important they recognize that they’ve only taken the first step down a long road.
3 Ways to Avoid Foreclosure in New Mexico
When things go bad, sometimes they go really bad, especially with money. When money sources dry up for whatever reason, it always seems monthly payments go up not down. Sooner or later, if things do not improve, the mortgage on the house becomes more and more difficult to pay. Here are 3 ways to avoid foreclosure on your record.
Divorce Litigation Might Not Be Your Best Solution
Having a divorce case resolved in court is expensive, time consuming, and gives up control of most decisions about your life to a third party. It is much, much better to work out differences with a mediator or negotiator if you and your spouse are unable to agree.
Sole Or Joint Custody in New Mexico
When a couple goes through divorce there are many issues to resolve. Often the hardest issue of all is child custody. Below are some of the most frequently asked questions about sole or joint custody in a divorce.
New Mexico Divorce Financial Planning – Watch Assets
If you have been married for decades, the chances of more money (assets, savings etc.) being involved in your divorce are much more likely. When considering divorce, divorce financial planning is crucial.
Asset Planning for Divorce in New Mexico
One of the most often combative issues in a divorce is separating assets – who gets what? If you can provide a current and complete list of the assets and other financial information for you both, your attorney will have a huge leverage negotiating issues such as alimony, child support, and division of property in your settlement.
Alternative Dispute Resolution for Civil Disputes
ADR (Alternative Dispute Resolution) is a method of settling civil disputes without the need for a courtroom. Several advantages are available to disputing parties who can utilize ADR. First is the cost. Anytime two parties can settle any dispute out of court, the costs are substantially less.