Month: February 2021

Construction company suing hotel developer

On Behalf of Ricci Partners, LLC | Feb 18, 2021 | Construction Litigation

A lot can happen during the construction process that can delay or stop a project in its tracks. For example, in Louisiana and elsewhere, when a developer fails to pay contractors for work completed, the contractors have every right to stop work and demand payment. A...

Everything you need to know about earnest money

On Behalf of Ricci Partners, LLC | Feb 3, 2021 | Real Estate Transactions

Buying or selling a home in Louisiana is a big deal with a lot of money involved. It makes sense that both parties want to protect their investment in any way that they can. One way to do this is through earnest money. What exactly is earnest money, and how does it...