Richard W. Brown and Anna M. Perry | Saxe Doernberger & Vita New York is considering legislation, which, if enacted, would create a statute of repose limiting the number of years after completion of a construction project that legal action may be asserted against a contractor. New York currently remains the only state without a… Continue reading New York Considering Legislation That Would Create Statute of Repose For Construction
Month: March 2021
Mitigating the Effect of Construction Price Escalations
Jeff Reichard | Nexsen Pruet, PLLC Over the past year, the volatility of construction material prices has wreaked havoc on construction budgets and caused many disputes between owners, general contractors, subcontractors, and material suppliers. For example, lumber prices have tripled, PVC and copper prices have almost doubled, and certain material suppliers have refused to hold… Continue reading Mitigating the Effect of Construction Price Escalations
Environmental Justice: A Changing Landscape for Virginia Developers
William Shewmake | Woods Rogers PLC A company in the formative stages of locating, permitting, and constructing any substantial industrial or commercial project needs to be keenly aware that the legal and regulatory landscape related to environmental justice is changing in Virginia. We anticipate that change will accelerate in the coming year. The Virginia Department… Continue reading Environmental Justice: A Changing Landscape for Virginia Developers
When 1% Equals 100%: New York Rejects Fault Based Approach to Additional Insured Coverage
Laura Dowgin | Cozen O’Connor When a named insured is only 1% responsible for an accident, what percentage of indemnity coverage is owed to an additional insured? A recent New York federal court says 100%. In New York, additional insured coverage may very well extend to the additional insured’s own independent negligence, so long as… Continue reading When 1% Equals 100%: New York Rejects Fault Based Approach to Additional Insured Coverage
Legal Risks of Green Building
Mark D. Shifton | Construction Executive All construction projects involve elements of legal risk. Insurance and indemnity claims, delay claims and professional negligence claims are simply accepted risks when involved in construction. Green building projects are no exception to this rule, and often involve unique issues that are not present in typical construction projects. Green… Continue reading Legal Risks of Green Building