Ever heard of a “time out” on a construction project. It usually happens when a party files for bankruptcy protect. Today’s post reviews the “automatic stay” and whether it can be waived by contract.
Continue Reading Time Out: Dealing with the Automatic Stay of Bankruptcy in Construction Disputes
waiver of stay
A Little Game of Tag: Contractual Waivers of the Automatic Stay in Construction Contracts
By Matthew DeVries on
Posted in Contract Docs
What does a little game of tag have to do with construction contracts? If you ever come by my house on a Saturday afternoon, you will find about 10-15 kids running through my backyard playing the "You’re it!" sensation. Oftentimes, when I am sitting on the back deck with a cool glass of iced tea…