In recent headlines, we learned that the “Naming Commission” created by Congress to consider new names for military bases named after Confederate officers has suggested a new name for Fort Bragg, which could become “Fort Liberty.” It will be interesting…
Introduction You have a great business idea for a business and you’ve decided to make it a reality. Good for you! What are the next steps? There are lots of things to consider when starting a business. Funding, marketing, and…
We’re excited to announce that Jared Willis has joined our legal team at Hannah Sheridan & Cochran. Jared is passionate about continuing his contract specialty, but specializes in all areas of law at Hannah, Sheridan, & Cochran. Jared’s enthusiasm for…
Timelines & Date Calculations Liens (Private Projects) Notice to Lien Agent 15 days from the first date of furnishing for absolute protection If furnishing, within 15 days before closing, then ASAP, but not more than within 15 days of first…
Your company is owed thousands (or millions!) in past due balances. What do you do? Where do you start? Commercial collections involve collecting accounts, notes or other evidences of indebtedness for the purchase of goods or services not used for…
2022 is only twelve weeks old and already it has found its own concerning rhythm. While the past two years have been fraught with public health concerns, 2022’s issues seem to be pointing to economic headwinds. Whether those headwinds arise…
Wake County Bar Association Virtual Memorial Session of Court We’re honored that the Wake County Bar Association (WCBA) featured our partner and friend, Paul Sheridan, in their virtual memorial session of court. Brian Oten, Memorials Committee Chair, shared what a…
Introduction Creating a new Business Entity can seem complicated and confusing. Where do you start? Luckily, the process is the same regardless of industry. Any organization can use these simple steps to create their own business entity. In this post,…
Prior to the start of a project, it is smart for subcontractors to ensure that they are protected from future issues which could cost them money and cause frustration. Below are a few key terms that should be included in…
In February 2020, the Small Business Reorganization Act of 2019 became effective, implementing a new pathway for small businesses to file bankruptcy. Codified in Subchapter V of Chapter 11 of the United States Bankruptcy Code, this subchapter initially applied to…
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…
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…
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.…
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…
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…