Calculating Depreciation: Are Generic Tables Reliable or Based on Any Scientific Study?

Chip Merlin | Property Insurance Coverage Law | December 2, 2016 Depreciation tables were first introduced to me when studying accounting at the University of Florida. The tables were based on tax schedules and other accounting methods which usually had nothing to do with the actual depreciation of an item. Indeed, if you used tax depreciation… Continue reading Calculating Depreciation: Are Generic Tables Reliable or Based on Any Scientific Study?

4 Legal Issues With Building Information Modeling

Randolph E. Ruff, Eric A. Berg and Jonathan M. Mraunac | Ogletree Deakins | November 15, 2016 Building Information Modeling (BIM) is changing the way construction projects are delivered. BIM is a process for creating and using three-dimensional electronic models to represent the physical characteristics of structures.   BIM models are used for the conception,… Continue reading 4 Legal Issues With Building Information Modeling

To Arbitrate Or Not To Arbitrate – Or Do We Even Get To That Question?

Stephanie U. (Roberts) Eaton | Spilman Thomas & Battle | November 4, 2016 Chances are that if you work in the construction industry, you have had at least one construction dispute. The longer you work in the construction industry, the greater chance you have of encountering a dispute that does not go away with phone… Continue reading To Arbitrate Or Not To Arbitrate – Or Do We Even Get To That Question?

No Duty to Defend Additional Insured for Construction Defects

Tred R. Eyerly | Insurance Law Hawaii | November 21, 2016 The Eleventh Circuit found there was no duty to defend the contractor additional insured for the costs of repairing and replacing roofing installed incorrectly by the subcontractor insured. Core Constr. Servs. Southeast v. Crum & Forster Spec. Ins. Co., 2016 U.S. App. LEXIS 17575… Continue reading No Duty to Defend Additional Insured for Construction Defects

No Flow-Down of a Waiver of the Statute of Limitations to Subcontractor

Katherine E. Kohm | The Dispute Resolver | November 22, 2016 In the matter Hensel Phelps Construction Company v. Thompson Masonry Contractor, Inc. et al. the Supreme Court of Virginia considered whether a subcontract waived the applicable statute of limitations–meaning there was no time restriction to filing a lawsuit–by incorporating by reference the prime contract… Continue reading No Flow-Down of a Waiver of the Statute of Limitations to Subcontractor

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