United States: Damages For Idle Equipment Are Recoverable Under Recent Kentucky Court Decision

Reported Kentucky appellate court decisions in construction law are infrequent. So published decisions are noteworthy, especially when they arise from public contracts.

This article reports on the Kentucky Court of Appeals’ decision in Ford Contracting, Inc. v. Kentucky Transportation Cabinet, 449 S.W.3d 397 (Ky. Ct. App. 2014). The dispute arose from a bridge replacement project. As awarded, the contract provided that the road crossing the existing bridge would be closed and traffic detoured during reconstruction. […]

By | January 2nd, 2015 ||

United States: Mid-Construction Refinancing: Opportunity Or Plunge Into The Void?

Construction loans typically do not get refinanced before a project is completed. A construction loan is short-term in nature and both the lender and its customer expect that they will stay on the project until the project is complete, following the ground rules and administrative framework they negotiate. There are some occasions, however, where mid-construction refinancing makes sense, particularly in the current environment where financing conditions are improving and more lenders are willing to […]

By | January 2nd, 2015 ||

United States: Changes To Flexible Working

“These changes are designed to provide equal flexible working rights to all employees, but what is the impact on employers and how can businesses prepare to accommodate these additional rights?”

Flexible working has been a key item on the agenda of the employment law landscape this year, with changes being introduced by the Children and Families Act 2014. We have already seen the right to request flexible working being introduced to all employees (not just […]

By | January 2nd, 2015 ||