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Owners of defective condos settle lawsuit for $11.6M
Residents of a 52-unit condominium building in Berkeley County that has been riddled with construction defects for more than a decade have confidentially settled a lawsuit against its developer and builders for $11.6 million, their attorneys report. John Hayes and Nina Meola of the Hayes Law Firm in Charleston and Keith McCarty of Charleston said […]
Contract – Construction Defects – Statute of Limitations – Directed Verdict
Defendant, the first developer of the residential development at issue, was found partially responsible for the damages caused by construction defects. On appeal, defendant argued that the trial court erred in denying a directed verdict motion based on the statute of limitations. Because certain homeowners did not discover their cause of action against defendant for […]
Contracts – Construction Defect – Jury Instructions – Set-off of Jury Verdict
Defendants assumed responsibility for completing construction of plaintiff’s residential development. Defendants noted existing water leak damage and attempted repairs. However, several years later, homeowners began reporting water intrusion during heavy rains. Plaintiff filed suit against defendants and the original construction company and obtained a $5 million verdict against all parties. Def[...]
Insurance – Construction Defects – Insurance Liability Coverage – Policy Exclusions
Insurers failed to reserve their rights to contest coverage based on the timing of loss and the effective period of certain policies, and further failed to seek an allocation of covered versus non-covered damages in underlying actions against insureds. Accordingly, insurers were liable for the entire verdicts. We deny defendants’ motions for summary judgment and […]
Business Law
- Economy forces attorneys to get down to business
- Business Court judges trawl for customers
- Va. company's Web site did not subject business to personal jurisdiction in S.C., appeals panel rules
- Former running back from S.C. wins courtroom victory in contract dispute
- Contract – Government Contract – Qui Tam – False Claims Act
- Tort – Business Tort – Va. Computer Crimes Act – Trade Secrets
- Consumer Protection – FCRA – Auto Loan – Bank Accounting Errors
- Licenses & Permits – Beer & Wine Permit – Restrictive Covenant – Suitable Location
- Licenses & Permits – Veterinarian – Vaccine Maintenance
- State regulators look at car dealer accused of lying to customers
- Textile firm, railroad settle Graniteville train wreck lawsuit
- Subprime mortgage meltdown hits securities law
Commentary
- High court justices cross the line of propriety
- High court’s term was rough on big business
- The flip side of generative AI in law and how to address it
- The fight for equal educational opportunity continues
- Letter From The Editor – Working from Home
- NLRB joins FTC in taking aim at non-competes
- Supreme Court leaves key internet protection untouched
- US Supreme Court bites back at parody’s use of the First Amendment
- My goal: Provide the information that you need now
- Case study: North Carolina courts provide guidance on scope, limitations of attorney-client privilege
- A Different Ode to Pro Bono Work
- N.C. Bar Association embraces homophobia
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