Monthly Archives: January 2014

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The Prompt Payment Act: Know the Rules

Pennsylvania law permits contractors and subcontractors to recover interest and attorney fees if they aren’t paid on time.  Actually, the law doesn’t just permit these penalties — it mandates them under certain circumstances.  And there are tricky requirements and payment milestones imposed by this law. This law (fully named the […]

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Don’t get stiffed…

Few people actually go into a business transaction with the intention of not paying the other side. But sometimes things happen, and it’s not uncommon for one business to “stiff” another because of a change in circumstances. There is an untold number of things that can kill cash flow and […]

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