In July 2022, the Supreme Court of New Jersey issued an opinion, Crystal Point Condominium Association, Inc. v. Kinsale Insurance Co., which considered whether (1) a condominium association that had obtained default judgments against a structural engineering firm and a construction inspection company resulting from construction defects, could assert claims against those judgment debtors’ insurance company under New Jersey’s Direct Action Statute and (2) an arbitration provision in the insurance company’s policy issued to its insureds applied to the lawsuit filed by the condo association. Read the article………………………..
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