Spending on Construction Stays Steady

A slow recovery period is projected for the nonresidential construction industry this year, and 2011 spending levels are not anticipated to be enough to show growth over 2010 figures. While activity for institutional projects should hover near 2010 levels, there is likely to be a modest decline in commercial construction. Overall nonresidential construction spending is […]

Bill Introduced in New Jersey Would Amend Consumer Fraud Act

The current incarnation of New Jersey’s Consumer Fraud Act leaves commercial enterprises, from carpet installers to home improvement contractors, at the mercy of the courts. With remedies including refunds, treble damages, voiding of contracts, and mandatory attorneys fees, the Consumer Fraud Act (CFA) is, perhaps, among the strongest in the United States. The CFA permits […]

New Jersey Revises Construction Lien Law

Powerpoint Summary of New Jersey Lien Law Revisions On January 5, 2011, Governor Chris Christie of New Jersey signed into law revisions to the Construction Lien Law Statute.  The changes affect only commercial and private projects, and have no bearing on the Municipal Mechanics Lien Law, which relates only to government projects. The bill revises […]