NJ Supreme Court Ruling Addresses Enforceability of Arbitration Clauses in Construction Defect Disputes Involving Direct Claims Against a Judgment Debtor’s Insurer

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………………………..

Editor

Recent Posts

Condo community installs gates at trash enclosures (NV)

Q: I live in a small condominium community of 84 units. We have three trash…

6 hours ago

Not Crazy: Insurance Premiums

Before we look at the data, I can speak about my local experience in Southwest…

9 hours ago

Residents of a Kaua?i condo are unsure about relocation plans following DHHL purchase (HI)

Condominium residents of the Courtyards at Waipouli Apartments on Kaua?i are concerned that they will…

9 hours ago

HOA Homefront: Did they change our rules properly? (CA)

Kelly,  If the board decides to change any rules shouldn’t those rule changes be placed…

9 hours ago

HOA Q&A: Can we give notice about a Board meeting electronically? (FL)

Q: What are the requirements regarding electronic Board meeting notices as governed by "Florida Administrative…

9 hours ago

Regency Gardens Homeowners look to oust condo board that demanded $22k for special assessment fee (FL)

Residents in one Orlando condominium complex are fighting back after their condo association board asked…

23 hours ago