The Supreme Court of New Jersey recently ruled that a condominium association may bring a direct action to recover damages based upon construction defect claims against an insolvent judgment debtor’s insurer. The Court further held, however, that a mandatory arbitration provision in the underlying insurance policy will be applicable to such claims. The case is Crystal Point Condominium Association, Inc. v. Kinsale Insurance Company, decided on July 18, 2022. Read the article………………………..
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