Joshua Tumen | Property Insurance Law Observer In Luke, Inc. v. Berkley National Insurance Company, 2025 WL 2210783 (W.D. Tenn. 2025), the United States District Court for the Western District of Tennessee determined that the “completion” of a construction project for purposes of coverage under a builder’s risk policy concerned the permanent physical elements of the… Continue reading Court Interprets “Completion” of a Project Under Builder’s Risk Insurance
Tag: Substantial Completion
Substantial Completion: Close, but the Case Hasn’t Settled
Nancy Holtz | JAMS Not every mediation ends with a settlement at the close of the formal mediation session. But sometimes there is enough progress made to reach “substantial completion”: A lot of ground has been covered, the issues have been narrowed and the parties’ positions have moved closer. But they are not close enough… Continue reading Substantial Completion: Close, but the Case Hasn’t Settled
Minnesota Court of Appeals Clarifies When Statute of Limitations Begins for Certain Claims Against Contractors
Christian V. Hokans | Fredrikson & Byron KEY TAKEAWAYS In construction projects, deadlines are key. Property owners want to know when their project will be completed, and contractors want to know how long they have to get their permits, order materials, deploy subcontractors, and do everything else that goes into satisfying an owner’s deadlines. However,… Continue reading Minnesota Court of Appeals Clarifies When Statute of Limitations Begins for Certain Claims Against Contractors
On Substantial Completion In Construction Contracts
Corey Etcheverry and Jim Goodrich | Saul Ewing “Substantial Completion” is a critical concept in construction contracts and one as to which parties often have contrary conceptions. Finding a definition of Substantial Completion acceptable to both the owner and the construction contractor on a project (not to mention one that aligns with the term in… Continue reading On Substantial Completion In Construction Contracts
“Substantial Completion”: Different Strokes for Different Folks??
David Senter | Nexsen Pruet Due to a recent decision of the North Carolina Court of Appeals, there now exists the potential for some uncertainty as to the time limits to assert claims related to a construction project. Specifically, that potential uncertainty relates to when the six-year statute of repose on construction claims begins to… Continue reading “Substantial Completion”: Different Strokes for Different Folks??