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

Maryland Legislature Considers Bill To Require Information As To “Potential” Special Assessments In Resale Contracts

House Bill 23, now before the Maryland General Assembly, would require information concerning “potential” special assessments to be included in

To Pay or Not To Pay Post-Judgment Attorneys’ Fees After an Eviction

A recent decision by the Illinois Appellate Court ruled that a condominium unit owner must pay post-judgment attorneys’ fees (in

The Maryland Condominium Act Contains Specific Requirements For Adopting Rules and Regulations

While the governing documents of some condominiums contain procedures for the adoption of rules and regulations, most do not. As