Joint check agreements, or joint pay agreements, are a common credit management device, and can be an excellent tool to make sure that you get paid when your customer does. In most cases, however, they do not create a situation where you can seek money directly from the general contractor. In order to use them effectively, it is important to …
Thursday, December 5, 2013 from 3:00 to 3:45 p.m. Vann Attorneys Webinar: Top 10 Issues in Protecting Your Lien Rights in North Carolina Q&A on the impact of the new North Carolina lien law How is this impacting your business? What are you encountering as a construction supplier with the new North Carolina lien law? Submit your questions, experiences, challenges and …
Preferential Transfers in Bankruptcy: How to Minimize the Preference RiskBy James R. VannAttorney at Law For suppliers of goods and services, nothing may be more unsettling than discovering that a customer has filed for bankruptcy. To add insult to injury, there is a risk that any recently received payment or settlement might be recaptured by the bankruptcy trustee as a preferential …
