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At some point in time, your company will encounter a customer who is seeking an adjustment to their payment terms. The reasons they may need this can vary, but understanding how to better reach a compromise will help establish a. Read More » The post How to Handle Adjusting Payment Terms appeared first on C2C Resources Commercial Debt Collection Agency.
Let me be clear: your job as a lawyer is NOT to be the next Andrew Carnegie. That’s in part because law firms are inherently geographically - limited business es -- in the main. What’s to stop Wal-mart from opening another location across the state line? Essentially nothing. What’s to stop a law firm from doing the same thing? Well, another bar exam passage (or waive-in process), for one.
A pre-lien notice is not required as in some other states. A mechanic’s lien is not required by anyone with a direct contract with the owner. Others seeking payment must file. The deadline is 120 days within the last work by anyone on the project. Engineers have lien rights. MRSA Title 10 § 3255. Disclaimer: Maine may have more current or accurate information.
What’s the difference between a CVL and a CVA? It’s a question we often get asked. CVL stands for Creditors’ Voluntary Liquidation , while CVA stands for Company Voluntary Arrangement. Although the two are completely different procedures, there are some similarities. These include: They’re both formal insolvency procedures. They both require a qualified licensed insolvency practitioner to oversee the process.
AI is reshaping industries, yet finance remains one of the slowest adopters. Concerns over compliance, legacy systems, and data silos have made finance teams hesitant to embrace AI-driven transformation. But delaying adoption isn’t just about efficiency—it’s about staying competitive in a rapidly evolving landscape. How can finance leaders overcome these challenges and start leveraging AI effectively?
A prelien notice is required of any subcontractor that does not have a direct contract with the owner. It must be filed within 120 days after furnishing services. Others have within 180 days to file. Maryland law is unique in that a judge has to order a lien be place after filing a petition for a lien with the circuit court. A mechanic’s lien is allowed only if the work on the property increases its value by 15% or more.
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