Washington, DC (PRWEB) March 22, 2013
In less than a week, WPL Publishing will sponsor a webinar to help professionals within the construction community understand what their rights and responsibilities are when their projects become seriously troubled.
When a construction project is only 30 percent complete in 70 percent of the contract time, substantial cost overruns loom; battle lines form over proposed changes; and relationships among the contractor, owner, and design professional can deteriorate to the point where the owner and contractor start wondering whether the best solution is to terminate the prime contract, find someone else to complete construction, and let the termination chips fall where they may. Anyone who has been through a “default” termination understands that it is the nuclear war of construction disputes, and even a termination for convenience may only be accomplished at great expense and with risks of its own. The 90-minute webinar will walk attendees through the legal, economic, and practical elements that come into play in such situations. To register for the event, which is scheduled for Tuesday, March 26, 2013, at 1:00 p.m. (EDT), visit http://tinyurl.com/d6qp6de.
Through the webinar, entitled “Termination of a Troubled Construction Project,” attendees will be able to do the following:
- Establish legal grounds that may support a termination for default by an owner or contractor.
- Determine when an owner can terminate a prime contract for convenience.
- Understand the economic and legal ramifications of default and convenience terminations.
- Identify the rights and responsibilities of a surety when an owner seeks a default termination.
- Define the business effects of a potential termination that should be weighed by the parties.
Addressing attendees will be Stephen Hess, who was identified as a “Best Lawyer in America” in “Construction Law” and “Litigation -- Construction” through his practice with Sherman & Howard LLC in Colorado. In addition to serving clients on matters across the United States, he is an active author, scholar, and speaker. He edits the American Bar Association’s law review “The Construction Lawyer.” He has written numerous law review articles on topics covering the breadth of construction law and litigation and has spoken nationally at construction law programs. Also, he serves as an adjunct professor at Sturm College of Law at the University of Denver, where he teaches on construction law. He is a member of the American Arbitration Association’s National Roster of Construction Arbitrators.
Following the presentation, there will be an interactive 10-to-15 minute question-and-answer session addressing relevant topics.
Webinar tuition is based on location, not number of participants, so each registration site can have multiple participants for one low price. To register, visit http://tinyurl.com/d6qp6de.
WPL Publishing Co., Inc. provides expert training, education, and development resources for the construction industry via live webinars and its ConstructionPro Network website (http://www.ConstructionProNet.com). Through ConstructionPro Network, WPL publishes the independent newsletter ConstructionPro Week, providing news, analysis, and insightful commentary about recent developments involving construction law, green buildings, building information modeling, and various construction managerial technologies and techniques.