Strategies for Terminating Construction Contracts
Created on April 10, 2017
The termination of contracts is problematic for all the parties involved on a construction project - the owners, general contractors, subcontractors, suppliers, architects or sureties. Project delays, cost-overruns, defective work and other issues may only get worse unless clients obtain seasoned advice from counsel knowledgeable in the legal and contractual considerations. This course is designed to identify the risks and hazards involved when clients contemplate such actions, and to equip attorneys to provide strategic advice to guide their clients' decisions. For counsel advising contractors and subcontractors whose contracts may be terminated, this program also explores strategic steps to be taken when facing threats of contract termination. The course will give you insight in helping your clients find ways to protect their interests, mitigate losses and avoid a "lose-lose" situation.
Join Barry B. Bramble for a discussion of these issues. Mr. Bramble, an internationally known and respected attorney and consultant, has successfully served as co-counsel, expert witness and arbitrator who deals firsthand with resolving such challenges.
Grasp the important differences between Termination for Default and Termination for Convenience
Learn the proper grounds for default termination and avoid the common pitfalls in terminating for default
Know the important considerations your clients should be aware of before terminating a construction contract
Understand the procedures that must be strictly followed in terminating a contract for default
Handle and respond to threats of termination, and develop strategic responses
Comprehend the nuances of Terminations for Convenience
Identify the proper way for a contractor to terminate a construction contract
Avoid the pitfalls of wrongful termination
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