John S. Prisco | Stark & Stark Assemblyman Gary S. Schaer of New Jersey’s 36th District introduced a proposed bill, A.B. 1075, that would require all commercial liability insurance policies issued in New Jersey to include “faulty workmanship” within the definition of “occurrence.” The proposed bill “provides that a commercial liability insurance policy shall not be… Continue reading Proposed Bill Would Require All Commercial Liability Insurance Policies Issued In New Jersey To Specify Coverage For “Faulty Workmanship”
Month: February 2022
Statutory Update – New Protections Against Broad Waivers of Lien Rights
Brett Becker | Nexsen Pruet Ensuring the language in lien waivers is conditional upon the actual receipt of payment and that the waiver is limited to the extent of payment received have long been the most crucial issues whenever presented with a lien waiver in North Carolina. While due diligence is always expected when signing… Continue reading Statutory Update – New Protections Against Broad Waivers of Lien Rights
Seven Tips for Mediating Complex Insurance Coverage Disputes
Rosemary Loehr, Andrew Reidy and Joseph Saka | Lowenstien Sandler Mediation can be a viable way to reach a satisfactory settlement on an insurance dispute. When successful, mediation offers a less costly and time-consuming alternative to litigation and often allows for more candor and creativity in crafting a successful resolution. Below are seven tips for… Continue reading Seven Tips for Mediating Complex Insurance Coverage Disputes
Termination Of Construction Contract For Convenience By Project Owner
Paul W. Norris | Stark & Stark In the past, construction contracts could typically only be terminated if there was a breach of the construction agreement by the owner or contractor. Under such scenarios, litigation often arose concerning whether the termination was proper and whether the contractor might be entitled to lost profits and other… Continue reading Termination Of Construction Contract For Convenience By Project Owner
Disappearing Data: Avoid Losing Electronic Information to Avoid Losing the Case
Daniel C. Wennogle and Jennifer Knight Lang | Construction Executive It happens: A contractor on a delayed project ends up in litigation over liquidated damages, but the key communications regarding delays and approvals were sent and received by the project manager on a mobile device using text messages and personal email accounts. Unfortunately, the project… Continue reading Disappearing Data: Avoid Losing Electronic Information to Avoid Losing the Case