The Anatomy of a Contract

A contract typically consists of the fairly standard parts. Each part may be different depending on what the contract is for, but most of the time these standard terms are … Continue reading “The Anatomy of a Contract”

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The 5 People Every Business Owner Should Know

You’re an entrepreneur for a few reasons: You want to make money, you want to make a difference, or want to control your own destiny. The main reason, though, is … Continue reading “The 5 People Every Business Owner Should Know”

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I am the Gatekeeper

Utah Strictly Enforces Preliminary Notice Requirement on Bond Claims A federal district court recently submitted an interesting ruling regarding Utah’s private bond statute. Utah Code Annotated section 14-2- 1(2) requires … Continue reading “I am the Gatekeeper”

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An Emerging Strategy of Claimants – Nevada’s Unfair Claims Practices Act

Gaining momentum – and being explored by at least one local municipality – are actions and claims against sureties for violation of Nevada’s Unfair Claims Practices Act (“Act”). See NRS … Continue reading “An Emerging Strategy of Claimants – Nevada’s Unfair Claims Practices Act”

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Introduction to Construction Bonds in Nevada

By Kurt C. Faux, Esq.1 and Colin R. Chipman, Esq. The downturn in the construction industry and the corresponding insolvency of many contractors has caused an ever increasing focus on … Continue reading “Introduction to Construction Bonds in Nevada”

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