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
Tag: Tennessee
Tennessee Looks to Define Improvements to Real Property
Lian Skaf | The Subrogation Strategist For subrogation practitioners dealing with an installation-based statute of repose, knowing what is an improvement to real property is the first battle in what can, but does not have to be, a long fight. Like many other states, Tennessee’s statute of repose bars claims based on improvements to real… Continue reading Tennessee Looks to Define Improvements to Real Property
Significant 2019 Tennessee Construction Decisions
Allison Wiseman, Brian Dobbs and Ryan Lee | Bass, Berry & Sims This Construction Law Alert highlights some of the significant Tennessee state and federal decisions affecting the construction industry from the past year. Holdback Payments Are Not Retainage Tennessee’s Prompt Pay Act (PPA) requires all retainage withheld on construction projects to be deposited into… Continue reading Significant 2019 Tennessee Construction Decisions
New Construction Lien Legislation In Tennessee
Kathryn K. Van Namen | Butler Snow | August 26, 2019 Changes to Remedies in Lien Enforcement Actions New legislation in Tennessee has limited the recovery of attorney’s fees, expenses, and actual and liquidated damages in instances where a real property owner seeks to enforce a lien. Public Chapter 142, signed by Governor Lee and… Continue reading New Construction Lien Legislation In Tennessee
Think Twice About Depreciating Repair Costs in Our State, says the Tennessee Supreme Court
Andres Avila | SDV Insights | June 11, 2019 Tennessee’s Supreme Court recently held that an insurer may not withhold repair labor costs as depreciation when the policy definition of actual cash value is found to be ambiguous. Tennessee joins other states like California and Vermont that prohibit the depreciation of repair labor costs in… Continue reading Think Twice About Depreciating Repair Costs in Our State, says the Tennessee Supreme Court