Kentucky Fairness in Construction Act

Recently, the Kentucky legislature enacted the “Kentucky Fairness in Construction Act”, which becomes effective on July 1, 2007.  This Act sets forth various restrictions which will redefine some of the terms and conditions in your company’s construction agreements....

Have No Regrets: Know the Basics of Contracts

Contracts are the lifeblood of commerce, brining order and stability to the marketplace.  Without contracts, there would be no credit – no sale of goods and services – and no commerce. Contracts affect every business, big and small. Because of their importance, every...

Employers Should Take the Family Leave Act Seriously

In 1993, Congress enacted the Family and Medical Leave Act under which an employer must give an employee time off for certain family and medical reasons. An employer can be sued for damages if he doesn’t comply or retaliates against an employee for exercising rights...

Cover Your Bases When Dealing with Contracts

This is the second in a series of articles on contracts.  Last time, I wrote about the first part of the process; creating contracts.  This time we deal with interpreting contracts. Contracts define our way of life.  They’re everywhere, on computer screens, in printed...

Contracts – Read Em or Weep

Contracts rule our world. Almost every relationship or transaction you have with another person is based on a contract. Your property, checking account, credit card and even your doctor’s appointment are all defined by contracts. It doesn’t take much to create a...