David P. Muth and John C. Schaak – August 13, 2013 The economic loss doctrine precludes parties to a contract from bringing tort claims to recover purely economic or commercial losses associated with their contractual relationship. The parties are thus limited to their contractual remedies. This sounds simple enough in theory, but, in practice, the… Continue reading The Economic Loss Doctrine Strikes Again: Supreme Court of Wisconsin Holds Property Owners have no Tort Claims Against Concrete Supplier
Month: August 2013
BINGO Word of the Day – August 22nd
The current game is now: Blackout BINGO – all boxes filled. Today’s Useless Fact: Mosquitoes have 47 teeth. Here is today’s word: INSURANCE APPRAISAL Previously called words: BRIAN MOFFITT EXPERT WITNESS INSURANCE CLAIMS MERLIN TAYLOR ROOF ALEX WOITSCHECK COMMERCIAL CONSTRUCTION ELECTRICAL GREEN ENERGY JOEL KARR RESIDENTIAL CONSTRUCTION TIM PRINCE ARBITRATION CONSTRUCTION PLANNING… Continue reading BINGO Word of the Day – August 22nd
If A Separate Loss Occurs as a Result of A Design Defect, It May Be Covered Under Your Insurance Policy
Shaun Marker – August 20, 2013 If there is a design defect to a part of your property, then most insurance policies will contain exclusions for those design defects. Depending on the type of policy that you have and it’s wording, if a separate loss occurs as a result of a design defect, it may… Continue reading If A Separate Loss Occurs as a Result of A Design Defect, It May Be Covered Under Your Insurance Policy
BINGO Word of the Day – August 21st
The current game is now: Blackout BINGO – all boxes filled. Today’s Useless Fact: Newborn babies have about 350 bones. They gradually merge until there are about 206 by age 5. Here is today’s word: ENGINEERING Previously called words: BRIAN MOFFITT EXPERT WITNESS INSURANCE CLAIMS MERLIN TAYLOR ROOF ALEX WOITSCHECK COMMERCIAL CONSTRUCTION… Continue reading BINGO Word of the Day – August 21st
Why A “Lifetime” Warranty Is Only A Six Year Warranty For Contractors And Manufacturers
George Eppsteiner and Daniel Katzenbach – August 9, 2013 Most would assume that a warranty lasts for as long as the warranty’s terms. In North Carolina, a recent Court of Appeals decision has made clear that an extended warranty, absent evidence of fraudulent, willful, or wanton conduct, is limited to a six year term for… Continue reading Why A “Lifetime” Warranty Is Only A Six Year Warranty For Contractors And Manufacturers