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Showing 1–16 of 30 results
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Risk management: 6 common causes of construction claims
September / October 2023
Newsletter: Contractor
Price: $225.00, Subscriber Price: $157.50
Word count: 535
Abstract: It almost goes without saying that construction is a risky business. Yet many contractors don’t adequately tackle the daunting yet critical topic of risk management. To guard against risks, construction business owners need to identify them. This article identifies and explores six common causes of construction claims.
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Minimal creativity required to secure copyright protection
June / July 2023
Newsletter: Ideas on Intellectual Property Law
Price: $225.00, Subscriber Price: $157.50
Word count: 535
Abstract: A dispute between two testing companies is the latest example of the bar for how much creativity is necessary to secure copyright protection. This article reviews the case and the court’s reasoning behind it finding that the plaintiff’s creative choices merited copyright protection. ACT, Inc. v. Worldwide Interactive Network, Inc., No. 21-5889, -5907, -6155 (6th Cir. Aug. 23, 2022).
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Occupational fraud continues to hit construction hard
November / December 2022
Newsletter: Contractor
Price: $225.00, Subscriber Price: $157.50
Word count: 535
Abstract: Construction companies are no strangers to fraud. The industry has struggled for decades to overcome an image sullied by kickbacks and other illegal activities. While its reputation has improved, the construction sector still suffers from a high percentage of fraud. This article reviews the results of the Association of Certified Fraud Examiners’ “Occupational Fraud 2022: A Report to the Nations,” and offers some antifraud tips.
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Should long-term care insurance be part of your financial plan?
August / September 2022
Newsletter: Focus
Price: $225.00, Subscriber Price: $157.50
Word count: 535
Abstract: People can’t know what health issues await them, but it’s pretty certain that if they live long enough, they’ll need some form of long-term care. This article suggests considering the option of long-term care insurance to avoid being caught without the needed resources in the event of a catastrophic, long-term health event.
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Estate of Collins v. Tabs Motors of Valley Stream Corp. – Fixed-value provisions in buy-sell agreements need regular updates
May / June 2022
Newsletter: Advocate's Edge / Litigation Support
Price: $225.00, Subscriber Price: $157.50
Word count: 535
Abstract: Buy-sell agreements are a critical tool for closely held businesses, and their valuation provisions play a significant role in how the agreements will play out when triggered. This article summarizes a recent New York case that teaches a valuable lesson about the importance of updating fixed-value provisions of buy-sell agreements — or choosing more prudent, alternate valuation methods. Estate of Collins v. Tabs Motors of Valley Stream Corp., No. 160529/2019 (N.Y. Sup. Ct. Dec. 15, 2021).
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7 coping strategies for volatile steel prices
Fall 2021
Newsletter: Construction Industry Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 535
Abstract: The COVID-19 pandemic has disrupted steel supply and demand throughout the world, leading to widespread price increases. This article suggests seven strategies that contractors can use to cope with the price volatility, including adjusting bidding approaches and adding price escalation clauses to contracts.
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ABLE accounts help those with disabilities
November 2020
Newsletter: Tax & Business Alert
Price: $225.00, Subscriber Price: $157.50
Word count: 535
Abstract: Achieving a Better Life Experience (ABLE) accounts are tax-free accounts that can be used for expenses of disabled individuals. They can be created by a disabled person or his or her family members or guardians. This article explains eligibility factors and other pertinent details. A sidebar notes an ABLE account’s impact on Supplemental Security Income.
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FASB expands VIE exception for private companies
Spring 2019
Newsletter: Manufacturer
Price: $225.00, Subscriber Price: $157.50
Word count: 535
Abstract: Private manufacturers often set up separate legal entities to hold real estate or operate new business ventures. These entities are typically considered variable interest entities (VIEs) that must be consolidated under current U.S. Generally Accepted Accounting Principles (GAAP). This article explains an updated accounting standard that will soon allow private companies to opt out of the complicated consolidation rules.
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Getting on board with off-site construction
Winter 2018
Newsletter: On-Site
Price: $225.00, Subscriber Price: $157.50
Word count: 535
Abstract: For decades, manufacturers made stuff in a factory while contractors worked on the jobsite. But the line between these two industries is blurring. This article explores the growing trend of off-site construction, a model under which building components or even completed structures are manufactured in a factory and then transported to the job site for installation.
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Shifting gears – Be flexible about changing M&A objectives
Year End 2017
Newsletter: Merger & Acquisition Focus
Price: $225.00, Subscriber Price: $157.50
Word count: 535
Abstract: Sometimes a buyer’s acquisition strategy changes during the course of deal negotiations. For example, a transaction initially intended as a full company sale might become a division spinoff or strategic partnership. As this article explains, the key to success when objectives change is for deal parties to keep an open mind.
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Why cybersecurity is critical to your deal’s success
June / July 2017
Newsletter: Merger & Acquisition Focus
Price: $225.00, Subscriber Price: $157.50
Word count: 535
Abstract: These days, in addition to performing financial, legal and operational due diligence, business buyers need to scrutinize a potential acquisition’s data and IT networks. To prevent a data hack from affecting a deal’s terms, valuation and integration, the parties need to prioritize cybersecurity. This article covers what buyers and sellers both should do.
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The WIP is good: A valuable management tool
Spring 2017
Newsletter: Construction Industry Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 535
Abstract: To see the road ahead, and any hazards that may be coming up, contractors need to generate regular work-in-progress (WIP) reports for every job. This article names some of the key data points that every WIP report should contain and explores the many benefits of tracking this information.
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What kind of insurance does the project need?
March / April 2017
Newsletter: Real Estate Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 535
Abstract: Every business requires comprehensive insurance coverage to protect its assets and income. Property owners and developers need to consider more than just general liability, workers’ compensation and business interruption policies, though. This article provides a quick overview of what else may be available and needed.
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DAFs bring an investment angle to charitable giving
Winter 2017
Newsletter: Business Matters
Price: $225.00, Subscriber Price: $157.50
Word count: 535
Abstract: A DAF is a tax-advantaged investment account administered by a not-for-profit “sponsoring organization.” Anyone planning to make significant charitable donations in the coming year should consider one. This article explains the attributes of these accounts and discusses their valuable tax benefits.
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DAFs bring an investment angle to charitable giving
January 2017
Newsletter: Tax & Business Alert
Price: $225.00, Subscriber Price: $157.50
Word count: 535
Abstract: A DAF is a tax-advantaged investment account administered by a not-for-profit “sponsoring organization.” Anyone planning to make significant charitable donations in the coming year should consider one. This article explains the attributes of these accounts and discusses their valuable tax benefits.
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Keeping a close eye on contract allowances
Fall 2016
Newsletter: On-Site
Price: $225.00, Subscriber Price: $157.50
Word count: 535
Abstract: A contract allowance is an estimated dollar amount that allocates funds to a particular job task for which a specific dollar amount couldn’t be arrived at during bidding. Unfortunately, these amounts often lead to conflicts with project owners. This article reviews the concept of contract allowances and discusses some important points for contractors to bear in mind when handling them.