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Protecting Against the Impact of 2025 Tariffs on Construction Costs

The 25 Percent Tariff on Canadian and Mexican Products - On March 3, 2025, the Trump administration announced that the United States would proceed with its anticipated plan to impose a 25 percent tariff on products imported...more

Louisiana Legislature Grants Sureties the Right to Raise Contractor Defenses, Including "Pay-If-Paid"

Governor Landry recently signed into law two legislative acts that should allow Private Works Act and Public Works Act payment bond sureties to rely on defenses available to their general contractor principals in defense of...more

Louisiana First Circuit Holds that Private Works Act Surety Cannot Raise Pay-if-Paid Defense

The Louisiana First Circuit recently held that a Private Works Act payment bond surety cannot raise a pay-if-paid provision in its principal's contract as a defense to a claim against the bond. Bear Industries, Inc. v....more

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