In Texas, business decisions such as moving funds between projects, paying one vendor before another, or transferring equipment to a related entity can potentially trigger serious civil and even criminal liability under two Texas statutes: the Texas Construction Trust Fund Act (“CTFA”) and Texas Uniform Fraudulent Transfer Act (“TUFTA”). Together, these
Fallout from Learning Resources, Inc. v. Trump.
Companies now have a clearer path to seek refunds following the U.S. Supreme Court’s recent decision invalidating more than $170 billion in tariffs assessed under the International Emergency Economic Powers Act (“IEEPA”). For background, read this article. While the Supreme Court’s majority opinion did not
What tariffs remain in effect and are importers entitled to a refund?
These two questions are front of mind following the United States Supreme Court’s February 20, 2026 decision in Learning Resources, Inc. v. Trump. The decision held that the Trump Administration is not authorized to impose tariffs under the International Emergency Economic Powers
The Texas 89th Legislative Session was marked by significant legislative activity, with lawmakers considering a substantial volume of proposed legislation across both chambers. According to our tally, 9,014 bills and resolutions underwent review and consideration in the House and Senate during this session.
Of the total legislation considered, 1,185 measures ultimately became law through various
On June 4, 2025, the Trump Administration doubled tariffs on imported steel and aluminum from 25% to 50%, the same day as its deadline for trading partners to give their “best offer” in bids to avoid import tax rates on other goods from taking effect next month. The increase applies to nearly all trading partners
In the face of increased tariffs, including a 14.38% tariff on Canadian lumber, the lumber market is undergoing developments that could have substantial implications for construction projects across Texas. It is important to understand how potential cost increases might affect project costs, contractual obligations and risk management strategies.
The Current Lumber Landscape
April 5, 2025 was a seminal day for both the construction industry and the Trump Administration. It was the day reciprocal tariffs on widely used construction materials were to go into effect. The Trump Administration’s stated goals for the reciprocal tariffs are (i) rebuilding the United States’ manufacturing base (including the defense industrial base), (ii)
In the wake of increasingly frequent natural disasters, construction insurance has become more critical than ever. While many stakeholders view insurance as just another project cost, it is actually your first line of defense against catastrophic losses from wildfires, tornados, or hurricanes. Understanding your insurance options and obligations is not just good business—it is essential
When project delays occur due to natural disasters, the financial implications can be severe. Construction stakeholders often focus on immediate physical damages while overlooking the potentially devastating impact of liquidated and consequential damages provisions. Understanding these crucial contract elements before disaster strikes can mean the difference between manageable delays and catastrophic