John I. Mabe – March 13, 2013 The rules are changing when it comes to North Carolina lien and bond laws. And, the new provisions are substantially altering the way in which all parties involved in lien rights – from owners, buyers, and sellers to general contractors, subcontractors, lenders, and title companies – handle construction,… Continue reading Changes Taking Effect to North Carolina Lien and Bond Laws
Industry Report Shows Ore. Proposals Could Cost $200M
Insurance News Net – March 15, 2013 The Property Casualty Insurers Association of America issued the following news release: Lessons learned in other states demonstrates that expansion of bad faith laws leads to increased costs for consumers, businesses and court systems. Oregon lawmakers should avoid importing several bad faith laws from other states that have… Continue reading Industry Report Shows Ore. Proposals Could Cost $200M
Pennsylvania Makes Its Mark On National Chinese Drywall Coverage Dispute With “One Occurrence” Decision
Andrea Cortland – March 12, 2013 On February 15, 2013 a Pennsylvania federal district court held that the shipment of defective drywall from China to the United States constituted one “occurrence” for purposes of insurance coverage, and the occurrence took place when the damage caused by the drywall manifested itself in the residences or buildings… Continue reading Pennsylvania Makes Its Mark On National Chinese Drywall Coverage Dispute With “One Occurrence” Decision
To Lien or not to Lien – What About my General Conditions?
Tyler P. Scarbrough – February 1, 2013 In 182 Tenth, LLC v. Manhattan Construction Co., 316 Ga. App. 776 (2012), the Georgia Court of Appeals recently addressed a material and labor supplier’s inclusion of general conditions costs in its claim of lien. The Court held that general conditions costs representing overhead and administrative costs were… Continue reading To Lien or not to Lien – What About my General Conditions?
Economic Loss Rule, 1850-2013, R.I.P.
Stan Martin – March 12, 2013 The folks who eroded the privity rule in A.R. Moyer v. Graham have now abolished the economic loss rule in Tiara Condominium Ass’n v. Marsh & McClennan. The decision, issued March 7, 2013 by the Florida Supreme Court, is blunt: “We . . . hold that the application of… Continue reading Economic Loss Rule, 1850-2013, R.I.P.