Home Improvement Contractors: Do Your Contracts Comply With the Indiana Home Improvement Contract Act?
When entering into a business deal, it's always a good idea to put the terms in writing. For some business deals, it’s the law. For instance, the Indiana Home Improvement Contract Act (“HICA”) requires that construction contractors provide a written contract when the contractor is to perform a home ...Read More
Most parties to contracts understand that they must be careful that contract terms accurately reflect the proposed transaction and are in their interest. One might also assume that if there is a breach of contract, then the non-breaching party is not under any further obligation and will be entitled...Read More
Manufacturers routinely rely on suppliers to provide quality components to be used in the final product. Manufacturers may assume that suppliers have a legal obligation to provide components that work properly. Indeed, the law does provide for certain warranties in the sale of goods even when the pa...Read More
Construction projects are complex. So is construction law. Case in point: Indiana’s Mechanic’s Lien Statute. This law greatly enhances the ability of general contractors and subcontractors to recover payment, but only if the byzantine provisions of the Statute are strictly followed. A recent d...Read More
A primary reason for creating a corporation to conduct business is to shield corporate shareholders from personal liability for the corporation’s acts and debts. This corporate shield is of obvious benefit to shareholders, allowing them to freely invest in an enterprise while limiting their risk. Th...Read More