What’s the deal with inflation and interest rates? Inflation has been, unfortunately, a hot topic as of late. In the wake of COVID-19, inflation has caused rising prices and unpredictable market conditions that affect everyone from individuals to global businesses. Add in rising interest rates and it’s easy to see how the American economy can
President Trump’s recent executive order imposing tariffs on US imports of steel and aluminum led to many questions of the full scope of materials subject to the 25% import tariff. A recent analysis by the Recycled Materials Association (“ReMA”) determined that recycled steel and aluminum – or scrap – are not subject to
My colleague (Graham Quinn) recently wrote an article about the potential financial impact of the impending steel and aluminum tariffs on the construction industry. See hyperlink: The Impact of President Trump’s Steel and Aluminum Tariffs on the Construction Industry | Texas Construction Law Blog. One question that we are receiving is whether
Not all liens are created equal. The most commonly discussed lien is related to construction improvements under Chapter 53 of the Texas Property Code. For those in the oil & gas/energy segment lien rights exist under Chapter 56 of the Texas Property Code and are refereed to as “Mineral Liens”. This quick piece is intended
In a previous post, I mentioned that contracts between public entities and private waste management companies usually contain compliance and regulation clauses. Such a clause requires a waste management company to comply with applicable laws. Some changes may be on the horizon as it relates to one of those laws – the Resource Conservation
Waste management is a critical service that affects communities, businesses, and the environment. When public entities (such as municipalities) enter into agreements with private waste management companies to handle the collection, disposal, and recycling of waste, a carefully crafted contract is essential. These contracts help ensure that both parties meet their obligations, comply with legal
In residential construction, the recent legislative amendments to Chapter 27 of the Texas Property Code (the Residential Construction Liability Act or the “RCLA”) have garnered significant attention in the industry, and understandably so as there were many important tweaks for Texas homebuilders made by the Texas Legislature. Often overlooked are the Texas Legislature’s amendments to
In these unprecedented times, every bit of revenue is critical to the continued operation of nearly every business operating within the construction industry. Fortunately, there are a myriad of remedies to aide collection efforts. Perhaps the most commonly discussed remedy is the mechanic’s lien provided by Chapter 53 of the Texas Property