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    Construction Law Now Blog

    Blog Category: Business

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    Business
    New IRS Partnership Audit Rules Take Effect Jan 1: What You Need to Know
    BY Marian A. Kornilowicz

    On January 1, 2018, the rules and procedures relating to IRS audits of partnerships, including those limited liability companies taxed as partnerships, (for purposes here, collectively, the “Partnerships”) will change. The Bipartisan Budget Act ...

    Business
    First Department of New York Loosens the Standard for “Piercing the Corporate Veil”

    One of the general and principal benefits of incorporating a business entity is limited liability; the owners of a corporation are not liable for the corporation’s actions or debts. There are, however, exceptions. One of the exceptions is the ...

    Business
    Contractors: Protect your Investment in Materials

    Have you ever been in a situation where your subcontractor or fabricator did not have the financial ability to purchase material needed for a project? Have you ever offered your assistance by way of either directly purchasing the material and ...

    Business
    Does your Employee Handbook stand up to the Supreme Court’s latest decision about accommodations for pregnant workers?
    BY Marc Furman

    In a recent U.S. Supreme Court case about pregnancy discrimination, Justice Breyer asked: “Why, when the employer accommodated so many, could it not accommodate pregnant women as well?”  As an employer, that is a question you should now ...

    Business
    Real Estate 101: Knowing Your Property Value and Challenging Your Tax Assessment
    BY Michael L. Solomon

    After months, maybe years, of planning, raising capital, obtaining permits and waiting out construction, your gleaming new building is open and occupied. Soon, you’ll get a simple, one-page letter from your county’s Tax Assessment ...

    Business
    U.S. Department of Labor Issues New Guidance on Misclassification of Employees as Independent Contractors
    BY Jonathan Landesman

    The U.S. Department of Labor (DOL) issued guidance on July 15 aimed at curbing the misclassification of employees as independent contractors.  The guidance provides several examples of workers in the construction industry.  It is now clear that ...

    Business
    Crisis Management: Are You Ready for the BIG Surprise?

    Having designated legal counsel is critical to any comprehensive crisis management strategy. Whether you are in pre-crisis, crisis or post-crisis—having an attorney involved in your decision-making process can be the difference between surviving ...

    Business
    The Consequences To A Contractor: The Case Of A Harsh On-Line Review

    Forums like Angie’s List, Yelp, or even Yahoo Community Listserves allow homeowners and other contractor clients to recommend a contractor for a job well done. Just as often, however, disgruntled clients use these venues to vent about shoddy ...

    Business
    Disadvantaged Business Enterprise Fraud: New Trends

    Lane F. Kelman contributed to this post. A recent increase in fraud investigations relating to disadvantaged business enterprises (DBEs) has caused companies to revisit the qualifications of the DBEs they work with. Two recent investigations in New ...

    Bankruptcy
    Luxury Philadelphia High-Rise 10 Rittenhouse in Bankruptcy

    The developer of 10 Rittenhouse, the luxury Philadelphia condominium building with 33 floors and units priced from $600,000 to $15 million, recently filed for bankruptcy protection under the court’s Chapter 11 procedures. In doing so, the ...