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GA Court of Appeals Enforces Contract Clause, Excluding Liability for Incidental Damages Where Specific Performance Is Ordered

Constructlaw

Between the Agreement date and the scheduled closing date, the parties’ relationship deteriorated. If 360 had wanted the ability to recover both specific performance and monetary damages, and/or the ability to recover damages exceeding $250,000, then it could have bargained for the inclusion of these remedies in the Agreement.

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Fraud as an Exception to the Economic Loss Doctrine: Changing Trends in Colorado and Tennessee

Constructlaw

But two recent state-court decisions evidence a change in that trend: Both held that the Economic Loss Doctrine bars fraud claims because parties to a commercial contract — often sophisticated and represented by counsel — allocate risk, prescribe damages, and rely on the terms of the bargain.

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What Is a Construction Punch List (And How to Improve)

Autodesk Construction Cloud

Once the construction punch list has been completed and distributed to all involved parties, time is allotted for fixing and another walkthrough is scheduled with both the general contractor and owner present. Each task should be assigned with a specific closeout schedule for every task.

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What Is a Construction Punch List (And How to Improve)

Autodesk Construction Cloud

Once the punch list has been completed and distributed to all involved parties, time is allotted for fixing and another walkthrough is scheduled with both the general contractor and owner present. Each task should be assigned with a specific closeout schedule for every task.