Ohio Supreme Court Expands Reach of Pay-if-Paid Contract Provisions
posted by Michael Fortney | Jul 22, 2014 2:58 PM in Construction Law:Contracts and Troublesome Provisions
On July 17, the Ohio Supreme Court issued its decision in Transtar Electric, Inc. v. AEM Electrical Servs. Corp. The Court sanctioned the use of pay-if-paid provisions in construction contracts and expanded the reach of those provisions to clauses using "condition precedent" terminology. For more information, see Pay-when-Paid and Pay-if-Paid Contract Provisions.
Revision History
- Nov 21, 2015 07:18 AM - Edit by Les Hughes
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