article thumbnail

International Arbitration Experts Discuss The Impact On The Global Economy

Constructlaw

Reynolds: The COVID-19 pandemic’s impact on the global economy has led to an increase in breach of contract claims, and a parallel rise in novel breach of con­tract defenses focused on excuses for non-performance. According to another, in the United States, there are pre­sently more than 1,250 pandemic insurance litigations.

Claims 40
article thumbnail

#85:  Who Decides Arbitrability?

NH Construction Law

79, 84 (2002). A clear and unmistakable delegation clause is enforceable even where a party sues on a claim that is obviously not within the scope of what was agreed to be arbitrable; the opposing party can still invoke the delegation clause to insist that the arbitrator, not the court, decide its arbitrability. .” 455 (2019).

Claims 40
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Guest Blog – 5 Common Misconceptions About Surety Bonds

Construction Law Monitor

Currently, the company that provided bonding to Truland, XL Specialty Insurance Co., million because of claims from suppliers and subcontractors. For example, between 2002 and 2013, sureties have covered more than $13 billion in claims, which do not include additional claim expenses that also go in the billions.

article thumbnail

#96:  Payment Bond Sureties and "Pay-if-Paid" Subcontracts

NH Construction Law

2002) (“Thus, the liability of a surety and its principal on a Miller Act payment bond is coextensive with the contractual liability of the principal only to the extent that it consistent with the rights and obligations created under the Miller Act.”). United States ex rel. Walton Technology v. Westar Engineering , 290 F.3d

article thumbnail

Guest Blog – 5 Common Misconceptions About Surety Bonds

Construction Law Monitor

Currently, the company that provided bonding to Truland, XL Specialty Insurance Co., million because of claims from suppliers and subcontractors. For example, between 2002 and 2013, sureties have covered more than $13 billion in claims, which do not include additional claim expenses that also go in the billions.

article thumbnail

Lessons From the Hudson River PCB Cleanup Project | ENR.

ENR Construction

In 2002, GE agreed to pay for and dredge what were dubbed "hot spot" PCB areas in the river. Since Owners are Demanding Designers Carry Higher Insurance Limits, Is a Split-Limit Approach Best? Environmental Protection Agency bannned PCB production in 1979 and, by 1984, had declared a 200-mile span of the Hudson River a Superfund site.

article thumbnail

Rhode Island Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

Mortgage Insurance: Offered through the Rhode Island Industrial Recreational Building Authority (IRBA). Alien Insurance Companies: Rhode Island allows a non-U.S. insurance company to become licensed in Rhode Island and, as long as it maintains its base of U.S. Alien Insurance Companies: Rhode Island allows a non-U.S.