Builder’s Pact Doesn’t Nix Insurer Liability, Ore. Justices Say

An Oregon condominium association’s agreement to not execute part of a judgment against a builder in construction defect litigation doesn’t automatically erase the builder’s liability or that of its insurer, the Oregon Supreme Court ruled Thursday, upending a 42-year-old precedent.

http://communityassociations.net/wp-content/uploads/2015/11/2015-s061273-0.pdf

 

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