Source: https://www.wdsu.com, October 25, 2019 A New Orleans restaurant group is suing the developers and contractors along with other parties involved in the Hard Rock Hotel project that collapsed two weeks ago. Among those named in the lawsuit are Citadel Builders, Heaslip Engineering, 1031 Canal LLC and Kailas Companies. Read more.

Source: https://www.providencejournal.com, May 29, 2019 By: Alex Kuffner The developer of the Phillipsdale Landing complex in Rumford has agreed to an $82,000 settlement with the U.S. Environmental Protection Agency over allegations of mishandling toxic chemicals. Bourne Holdings, of Pawtucket, agreed to pay the fine to settle allegations of six counts of violating federal regulations for […]

Source: https://www.miamiherald.com, April 7, 2019 By: Lindsey Thurswell Lehr and Susan C. Odess Every South Florida construction boom brings with it a rise in defect claims by condominium associations against their buildings’ developers, builders and design professionals. The current wave of development has been no different, except that due to the proximity of new condo […]

Source: constructionexec.com, February 1, 2019 By: Joe Reynolds, RT New Day After surging for years, the U.S. real estate marketplace may have finally peaked. According to the most recent Emerging Trends in Real Estate® report published jointly by the Urban Land Institute (ULI) and PricewaterhouseCoopers, commercial realtors are entering a challenging environment earmarked by reduced construction […]

REAL ESTATE DEVELOPERS E&O RED policies marry the features of professional liability insurance for design professionals, contractors and real estate development professionals into a broader solution for the real estate industry than previously available. The following hypothetical scenarios illustrate potential situations in which a RED policy might provide coverage. NEGLIGENT PROPERTY MANAGEMENT A RED policy may […]

Source: https://apnews.com, October 27, 2018 The general contractor that managed San Francisco’s troubled $2 billion transit terminal is suing the agency in charge of the project alleging faulty design and mismanagement. The joint venture of Webcor Builders and Obayashi Corp. filed the lawsuit Tuesday in San Francisco. It alleges design and planning mistakes sent construction […]