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Increasing Material Costs and Escalation Clauses

The COVID-19 pandemic has had a tremendous impact on many different industries across the world, including the Construction Industry. In particular, the COVID-19 pandemic has affected the supply chain for many construction materials which has caused dramatic increases in pricing…

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The Intersection of Solar Farms and Liens

As North Carolina sees a resurgence in renewable energy solutions to future energy needs, once again the question of getting paid for labor and materials provided to develop a solar farm arises. Remembering that though there have been tweaks over…

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Post-Corona: Business Trends and Strategies

The pandemic accelerated economic trends and exposed weaknesses. Governments print money, while supply chains are disrupted. Locally, home prices are soaring. A global computer chip shortage could last up to two years. Inflation is becoming reality in our day-to-day lives.…

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The Intersection of Solar Farms and Liens

As North Carolina sees a resurgence in renewable energy solutions to future energy needs, once again the question of getting paid for labor and materials provided to develop a solar farm arises. Remembering that though there have been tweaks over…

Read more

Increasing Material Costs and Escalation Clauses

The COVID-19 pandemic has had a tremendous impact on many different industries across the world, including the Construction Industry. In particular, the COVID-19 pandemic has affected the supply chain for many construction materials which has caused dramatic increases in pricings…

Read more

Types of Judgments

When a creditor desires to collect a debt from a debtor, they must first receive a judgment.  There are several types of judgments that will suffice in this situation.  The pretrial types of judgments are as follows: Confession of Judgment,…

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Post-Judgment Process Simplified

You have successfully obtained a judgment against a debtor. Now what do you do?  There is a process to collect on the judgment. Once a judgment is obtained and the Defendant, (the debtor) is served, the debtor has 30-days to…

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Using Interest Rate as a Negotiation Tool

From an attorney’s perspective, it is easy to see that many customers view their suppliers as part of the team, not as a lender. The customer purchases materials for use on projects and anticipates paying for the materials once the…

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Bankruptcy Preference Amendments

Have you ever tried to be nice to a struggling customer only to have a bankruptcy trustee later send you a letter telling you that you have to return money that customer paid in the 90-days before they filed bankruptcy?…

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Payroll Tax Deferral

If you noticed an increase in your paycheck beginning in mid-September, you’re not the only one. As a result of President Trump’s August 8th Memorandum for the Secretary of the Treasury, payroll tax, which equates to 6.2% of an employee’s…

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What Do Judges Do?

Ever wonder what the difference is between a District Court Judge, a Superior Court Judge, a judge on the Court of Appeals, and a Justice on the North Carolina Supreme Court? This November, understanding the distinctions between those courts will…

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