New Jersey Appellate Court rules consequential damages are covered by general liability policy even when direct damages are not

The Appellate Division of the Superior Court of New Jersey recently ruled in Cypress Point Condominium Association, Inc. v. Adria Towers, L.L.C.1 that consequential damages to the common area and units of a condominium complex caused by a subcontractor’s defective work constituted “property damage” and an “occurrence” under the building developer’s standard-form CGL policies, even though the policies were unlikely to cover direct damages like replacement costs.     Read the article……….


Related Articles

NSW strata law revolution (Australia)

New bylaws allowing pets in units, curbing smoking on apartment balconies and preventing the installation of noisy timber and tiled

Governor Vetoes House Bill 653 (FL)

One of the most talked about community association legislative bills this session was House Bill 653 (HB 653), which proposed

Two New Laws Affect Washington Community Associations

Almost every session of the Washington Legislature produces new laws pertaining to Washington condominium and homeowners associations.  This legislative session