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#91:  Liability Insurance for a Subcontractor's Defective Work

NH Construction Law

“May unintentionally faulty subcontractor work that damages an insured’s work product constitute an ‘accident’ under a commercial general liability insurance policy?” When the subcontractor installed the expansion joints in the steam boiler and related piping backwards, the heating system got damaged.

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Astec Industries, Inc. To Acquire Power Flame

Construction Equipment

announced it has entered into a definitive agreement to acquire substantially all of the assets and certain liabilities of Power Flame, Inc. ("PFI"). Astec Industries, Inc. The transaction closing is subject to final due diligence and customary closing conditions.

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Difference Between Tort and Contract | What Is Tort |  What Is Contract | What Is Contract Law | What Is Tort Law

CivilJungle

A tort , in common law jurisdiction, could be a tort (other than a breach of contract) that causes an applicant to suffer loss or hurt, leading to legal liability for the one that commits the act. The contract is the mutual agreement of two parties in the contract , it is provided by the Anglo-American common law. Strict Liability. #1.

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Federal Court Confirms Liberal Federal Policy Favoring Arbitration Awards

Constructlaw

The court of appeals noted that the Supreme Court has long held a “liberal federal policy favoring arbitration agreements.” Since ISC’s liability for Lunda’s costs was stricken from the contract, the contract arguably did not address the matter, obliging the arbitrator to apply Rule R-48 to fill in the gap. Copyright 2023 LexisNexis.

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JOC Tutorial #71 – Terms

Job Order Contracting

c) “Job order” – a firm, fixed priced, lump-sum order issued by an organization to a job order contractor for a definite project scope of work as compiled from the unit price book to be performed pursuant to a job order contract. (d) (b) “Indefinite quantity” means one or more of the construction tasks listed in the unit price book. (c)

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Maryland Enacts New Environmental Laws in 2020

Green Building Law Update

The bill also establishes liability protections for MDE and the State. It is unclear how this impacts State enforcement of these toxic groundwater contaminants through the Clean Water Act and Safe Drinking Water Act as well as State liability? HB 619 Maryland law and regulations are today silent with regard to PFAS including PFOA.

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How COP27 Impacts Real Estate: Pricing Real Estate Climate Risk

Stok

Transition risks go beyond physical risk of climate change and include rising costs due to pricing-in of carbon emissions (through carbon taxes and pricing schemes), market effects, technological disruptions, legal liabilities, energy efficiency, and other regulations and reputational risks.

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