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HTML"Good Faith" In Prompt Payment Disputes
Candace L. Matson; Sheppard, Mullin, Richter & Hampton LLP;
Legal Alert/Article
June 28, 2011, previously published on June 24, 2011
In California, the payment of contractors is governed by so-called "prompt payment statutes" which are sprinkled through various legislative codes, and which impose sanctions on the paying party for non-compliance. Progress payments by general contractors to their subcontractors on...