Article Date: 04/12/2009

TEXAS COURT ENFORCES "PAY-IF-PAID" CLAUSE IN SUBCONTRACT

Court of Appeals of Texas, Fifth District

Lakin Enterprises v. Sebastian

No. 05-08-00213-CV
February 23, 2009

Overview

A Texas court has enforced a "pay-if-paid" clause in a subcontract. The project owner’s bankruptcy did not excuse the prime contractor’s payment obligation under a subcontract that lacked such a clause. But, the prime was excused under ... Log in to view the full text.

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