Saad U. Farooqi

Meaningful Insight

Prevention is always preferable to cure.  We always look out for what’s ahead to ensure clients stay ahead of the curve. Our newsletters, seminars, and videos focus on the law so that you can focus on your business.

Cross-Default Provisions in Construction Contracts

By Saad U. Farooqi | Oct 17, 2022

Contractors commonly enter into subcontracts with the same party concerning numerous, separate projects. These subcontracts sometimes contain “cross-default” provisions, which have significant implications on all outstanding subcontracts. You should know what a cross-default provision is, how to spot one, and how to use one for the benefit of your own business. What is a cross-default

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New Florida Laws affecting Contractors

By Saad U. Farooqi | Aug 15, 2022

On May 26, 2022, Senate Bill 2D (“S.B. 2D”) and Senate Bill 4D (“S.B. 4D”) became law. The stated purpose of S.B. 2D is to lower the costs for insurance companies in the hope that rates for homeowners will be lower.  Also, S.B. 2D strengthens an insured’s ability to pursue claims of bad faith against

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