The Court of Appeals of Maryland recently revisited the law concerning “pay-when-paid” and “pay-if-paid” clauses in construction subcontract agreements. In Young Electrical Contractors, Inc. v. Dustin Construction, Inc., 2018 WL 2355299, __A.3d __ (2018), a subcontractor sued the general contractor for payment on a subcontract. The Circuit Court for Montgomery County granted summary judgment in…

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A limited liability company (“LLC”) is a popular business structure for new businesses. LLCs are formed in accordance with state law and have the benefit of providing limited liability protection for its members while being taxed as a partnership or a corporation if an election is made. The exact rules for setting up an LLC…

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