New Jersey Supreme Court Grants Review of Cypress Point Condominium Association Decision
On October 29, 2015, the New Jersey Supreme Court granted certification (meaning that the Court will hear the appeal) of the Appellate Court’s decision in Cypress Point Condominium Association, Inc. v. Adria Towers, LLC. Specifically, the question certified for review by the Supreme Court is: “In this dispute regarding insurance coverage under a general contractor’s commercial general liability policy, do these damages constitute ‘property damage’ and an ‘occurrence’ where subcontractors’ defective work caused consequential damages to the common areas of a condominium complex and to the unit owners’ property?” Read the article………….
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