The construction industry operates by word-of-mouth to a great extent. Therefore the question: How binding is someone’s word. A typical example of verbal arrangements in the construction industry is subcontractor bidding. In typically last-minute preparations of their bids contractors and subcontractors rely on verbal prices from subcontractors and material/equipment suppliers. The contractor or subcontractor involved… Continue reading Binding Bids
SB 1196 lets Developers off the Hook for Shoddy Construction. : Florida Condo & HOA Legal Blog
Lisa Magill – February 10, 2012 SB 1196 is a broad attempt to return to the strict doctrine of caveat emptor (let the buyer beware), even when the buyer essentially cannot become aware of the risks associated with buying a home in a homeowners’ association. It is anti-consumer legislation. SB 1196 eliminates any notion of a home… Continue reading SB 1196 lets Developers off the Hook for Shoddy Construction. : Florida Condo & HOA Legal Blog
Piercing the Corporate Veil to Collect on Award is Outside Scope of Arbitration Clause
Liz Kramer – January 19, 2012 The highest court in the District of Columbia has held that piercing the corporate veil is outside the scope of the arbitration clause in Giron v. Dodds, 2012 WL 18574 (D.C. Ct. App. 2012). But the case’s reasoning may extend to all cases in which a party must bring… Continue reading Piercing the Corporate Veil to Collect on Award is Outside Scope of Arbitration Clause
Utah Reverses Course on Apportioning Costs of Defense to Policyholders
Jason W. Crowell – January 25, 2012 A recent Utah Supreme Court decision could result in significant benefits to some policyholders in Utah’s construction industry. The case, Ohio Casualty Insurance Co. v. Unigard Insurance Co., 2012 UT 1, concerned a fight between two insurers about how to split the costs of defending a lawsuit brought against… Continue reading Utah Reverses Course on Apportioning Costs of Defense to Policyholders
Action 9 Finds Hidden Danger In Many Central Florida Homes | www.wftv.com
Action 9 has investigated an electrical panel that some experts call a fire waiting to happen. The breaker boxes are used in thousands of local homes even though the panels are blamed for fires in Central Florida and across the country. Todd Ulrich found the risk is so real that some insurance companies now refuse… Continue reading Action 9 Finds Hidden Danger In Many Central Florida Homes | www.wftv.com