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Subcontractor Insurance: 7 Policies Subs Should Consider for Their Business

Levelset

Losses like this don’t occur frequently, but you must plan for the small chance that an event like this may happen. Medical expenses, property damage, and legal defense costs can grow quickly. An uninsured business would likely not have the financial resources to pay a large legal settlement.

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RELi Could be Standard Practice in Nearly Every Real Estate Transaction

Green Building Law Update

will help identify and reduce the risk of damage in the event of a natural disaster, economic disruption, resource depletion or other crisis for buildings, homes, neighborhoods and infrastructure. Use Legally Logged Wood from Ecologically Managed Forests , recognizes “FSC Certified Wood” only, (. The launch of RELi 2.0

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#109:  Liability Insurers' Duty to Defend

NH Construction Law

”) Parsing of claims and theories, and furnishing a defense to only the covered ones, is not allowed. Withholding consent to a partial settlement solely to keep the insurer on the hook for defense costs might well be deemed unreasonable. City of Keene , 898 F.2d 2d 265, 269 (1st Cir. But settling them is.

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RELi Could be Standard Practice in Nearly Every Real Estate Transaction

Green Building Law Update

will help identify and reduce the risk of damage in the event of a natural disaster, economic disruption, resource depletion or other crisis for buildings, homes, neighborhoods and infrastructure. Use Legally Logged Wood from Ecologically Managed Forests , recognizes “FSC Certified Wood” only, (. The launch of RELi 2.0

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No Longer in the Dark: A Primer on the Distinction between Delay and Disruption Damages in a Construction Dispute

Best Practices Construction Law

While the legal issue focused on the County’s right rely on the defense of sovereign immunity, the Contractor’s (and it expert’s) characterization of the damages was critical to the outcome of the case. Disruption damages can also be caused by an “event [that] both disrupts and delays a critical path activity….”

Claims 118
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International Arbitration Experts Discuss The Impact On The Global Economy

Constructlaw

Mealey’s International Arbitration Report recently asked industry experts and leaders for their thoughts on what events had an impact on global economy that have led to an increase in filings. Mealey’s: What, if any, events had an impact on the global economy that have led to increased filings? All rights reserved.].

Claims 40
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Subcontractor’s Failure to Strictly Comply With Notice Provision Costs $200,000

Best Practices Construction Law

Like every legal question, the answer is: It depends! City of Franklin , the Court of Appeals of Tennessee held that an owner’s actual knowledge of the events giving rise to the claims at issue did not bar recovery even though the contractors did not strictly comply with the notice requirements. Strict or substantial compliance.

Claims 82