Yaron Dycian | Construction Executive Fire damage to commercial buildings might get headlines, but water damage, whether to projects under construction or completed buildings, delivers massive financial blows to owners, developers and contractors. The impact is massive, reaching many billions of dollars per year. One water leak on the 19th floor at a construction site… Continue reading Water Damage: Construction’s Often Unnoticed Threat
Month: November 2020
Five Types of Structural Systems in High Rise Buildings
Chris Jackson | Construction Executive Today, many cities in different countries have high-rise buildings or more popularly known as skyscrapers. The concept of skyscraper was first used to define the more than 137-foot-high buildings constructed in Chicago in 1885. It is generally defined as one that is taller than the maximum height that requires mechanical… Continue reading Five Types of Structural Systems in High Rise Buildings
Lucky No. 7: Seventh Circuit Court of Appeals Issues Pro-Policyholder Decision Regarding Additional Insured Coverage for Upstream Parties
Daniela Aguila | SDV Insights In Scottsdale Ins. Co. v. Columbia Ins. Group, Inc,1 the Seventh Circuit Court of Appeals recently held that a subcontractor’s insurer was obligated to defend and indemnify the project owner’s insurer for damages associated with the subcontractor’s employee’s personal injury lawsuit where the underlying complaint alleged negligence by the additional insureds.… Continue reading Lucky No. 7: Seventh Circuit Court of Appeals Issues Pro-Policyholder Decision Regarding Additional Insured Coverage for Upstream Parties
The Impact of the 2020 Tennessee Construction Legislation
D. Bryan Thomas and Kyle M. Doiron | Buildsmart After a number of controversial bills proposed from various industry groups over the last few years, the Tennessee construction community came together in 2020 to push through legislation intended to protect members of the construction industry. A cornerstone of that attempt was gaining lien priority –… Continue reading The Impact of the 2020 Tennessee Construction Legislation
Economic Loss Rule Bars Claims Against Manufacturer
David Adelstein | Florida Construction Legal Updates The economic loss rule lives to bar a claim against a product manufacturer in a real estate transaction. In a products liability action, there needs to be personal injury or property damage, other than to the property itself, in order to recover economic damages. Otherwise, the economic loss rule will bar… Continue reading Economic Loss Rule Bars Claims Against Manufacturer