Employee expense reimbursement in California

As a supplement to an earlier post, our colleagues at one of our client firms, Thelen Reid Brown Raysman & Steiner (www.thelen.com) have provided a discussion of how the California Supreme Court views the treatment of various employee expense reimbursement policies at:  http://www.constructionweblinks.com/Resources/Industry_Reports__Newsletters/Jan_07_2008/alte.html

 Again, if you want to see how employee reimbursement policies are treated at thousands of publicly traded companies, including how many executive employment agreements are drafted by for the Fortune 500 companies and many other firms by top law firms in the AmLaw 200, go to the Employment Agreements section of our new preview site at http://agreements.realdealdocs.com. 

If you need some help, or want a temporary password, feel free to drop me a note.  Of course, you can review the hundreds of thousands of legal agreements, and millions of clauses, from top law firms at www.RealDealDocs.com.

Activity in Construction Agreements and Construction Loan Agreements and their implications on the economy

Every month at www.RealDealDocs.com, we profile thousands of agreements that have been drafted by top law firms for their public clients.  While there is a slight (typically 30-60 day) lag time, we are able to observe and monitor trends about economic activity.

Over the past 12 months, we have noticed a significant decline in the number of new Construction Agreements and Construction Loan Agreements that have been filed with the SEC.  We attribute this decline to the current credit crunch in addition to a downturn in the US real estate market  In spite of this decline, at least with regard to public companies, there continues to be significant activity around search engine searches for these types of agreements.  To us, this appropriately reflects the continued albeit reduced activity in construction in many parts of the world, and the continued desire to review these types of agreements to better negotiate new deals and avoid “reinventing the wheel”.

To review many of these types of agreements, which have been drafted by top law firms in the US and overseas, visit us at www.RealDealDocs.com, or you can visit our new preview site at http://Agreements.RealDealDocs.com.