Colin K. McCarthy

News

Industry Alert – Rising Construction Costs Impacting the Development and Construction Industry

A perfect storm of factors has led to unprecedented increases in construction material costs. As Americans were forced to sit at home during the Pandemic, the market for home improvements skyrocketed. Coupled with the already volatile international materials market, weather…

Colin McCarthyApril 29, 2021

News

Pandemic Stimulus and its Impact on School Construction

Trillions of dollars have poured into the domestic economy since the outset of the COVID-19 Pandemic*. These programs reflect an unprecedented reaction to an unprecedented public-health emergency. As these dollars continue to flow into the hands of public owners, the…

Colin McCarthyMarch 2, 2021

News services

Lanak & Hanna Principal Attorney Colin McCarthy Negotiates Very Favorable $16 Million Deal for General Contractor Client on Downtown Los Angeles Affordable Housing Project

Lanak & Hanna has completed a construction deal for one of its premier clients involving a $16 million affordable housing project in Downtown Los Angeles. Principal Attorney Colin K. McCarthy successfully negotiated the prime contract package, subcontracts, bonds and insurance…

Colin McCarthyJanuary 25, 2021

News

Top Ten Risk Management Tips for Contractors

Here is our top ten list of tips available to contractors to help minimize risk on construction projects. Second Set of Eyes on Bid Documents: Often contractors rely on a single person to estimate jobs and prepare bids. This is…

Colin McCarthyNovember 19, 2020

News construction law

Top 10 Clauses to Consider in Contracts

As we emerge from the effects of a global pandemic that has impacted every sector of the business community, one of the lessons learned is a renewed focus on the vital role that contracts play in our business dealings. From…

Colin McCarthyOctober 22, 2020

News legal-terms-laws

Can a Surety be Compelled to Arbitration by an Arbitrator Rather than the Court?

Most sureties are aware depending on the language of the underlying bond, the surety can be compelled to arbitrate when the underlying contract it guarantees contains a valid and enforceable arbitration clause. However, what happens when the claimant seeking arbitration…

Colin McCarthySeptember 15, 2020

construction law services

How to Withdraw a Public Works Bid

Imagine that feeling on bid day: You’ve worked hard to ensure your bid includes everything. You’ve lined-up your subcontractors, secured your bid bond and are awaiting the owner’s opening of bids. But as the bids are opened, you quickly realize…

Colin McCarthyAugust 19, 2020

notable-decisions

Insurance Coverage in a Global Pandemic

In a matter of first impression, on May 22, 2020 the Paris Commercial Court in Paris, France ruled that a group of restaurants claims for revenue loss due to the COVID-19 pandemic were covered under business interruption insurance policies issued…

Colin McCarthyJune 17, 2020

News

Contractors and Sureties Beware – New Force Majeure Clauses in Public Works Contracting are Here

With the progression of COVID-19, public works contractors and their sureties have been focusing on the impacts of the Pandemic, with particular attention to Force Majeure issues. Essentially, the analysis has been tailored to whether the Pandemic would be grounds…

Colin McCarthyMay 20, 2020

News Court Opinions

Industry Alert! Court of Appeals Rules “Pay When Paid” Not a Defense for Payment Bond Surety

In a very important reported case handed down by a California Appeals Court on April 17, 2020, Crosno Construction v. Travelers Casualty and Surety Company, (2020 WL 1899278) the Court held that denying a public works payment bond claim by the surety…

Colin McCarthyApril 19, 2020

Colin McCarthy

Industry Alert – Rising Construction Costs Impacting the Development and Construction Industry

Pandemic Stimulus and its Impact on School Construction

Lanak & Hanna Principal Attorney Colin McCarthy Negotiates Very Favorable $16 Million Deal for General Contractor Client on Downtown Los Angeles Affordable Housing Project

Top Ten Risk Management Tips for Contractors

Top 10 Clauses to Consider in Contracts

Can a Surety be Compelled to Arbitration by an Arbitrator Rather than the Court?

How to Withdraw a Public Works Bid

Insurance Coverage in a Global Pandemic

Contractors and Sureties Beware – New Force Majeure Clauses in Public Works Contracting are Here

Industry Alert! Court of Appeals Rules “Pay When Paid” Not a Defense for Payment Bond Surety

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