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Construction Liquidating Agreements: When, Why, and How to Use Them

March 28, 2023 (1 min read)

A liquidating agreement is a settlement agreement between parties that includes an agreement to pass through some or all of the claims to a third party. In the construction sphere, liquidating agreements are often executed between the general contractor and a subcontractor to enable the subcontractor's claim against the project owner. Learn how to draft an enforceable liquidating agreement.

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