New Jersey Supreme Court Finds Coverage Under a Developer’s Commercial General Liability Policy for a Subcontractor’s Faulty Workmanship
On August 4, 2016, the New Jersey Supreme Court issued a unanimous decision in a case regarding insurance coverage that could have lasting impact on developers, contractors, and subcontractors. In Cyprus Point Condo. Ass’n, Inc. v. Towers, 2016 N.J. LEXIS 847 (Aug. 4, 2016), the Supreme Court ruled that under a property developer’s commercial general liability (“CGL”) insurance policy, a subcontractor’s faulty workmanship constituted “property damage” and the event resulting from that damage — water from rain flowing into the interior of the property — was an “occurrence” under the policy so the loss was covered. Read the article……………
Attorneys in Homeowners Association (“HOA”) construction defect cases must meet with the homeowners to provide litigation updates and it can
The old saying that the only sure things in life are death and taxes leaves out a third certainty: legislation.
In the recent case of Palm v 2800 Lake Shore Drive Condominium Association, the Fifth Division of the First District