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In turn, the owner is relying on the insurance company to pay their claim. After all, the faster the insurance company pays the owner, the quicker you can get paid ! Dig deeper: What contractors need to know about the insurance claims process. You don’t work for the insurance company or the adjuster, and they don’t work for you.
Luckily, that’s what insurance is for, right? Does a general contractor’s insurance cover their subcontractors’ accidents or mistakes? While there isn’t a cut-and-dry answer to these questions, we’ll take a deeper look into insurance coverage and what happens in these situations. Who is covered by an insurance policy?
Here are the main benefits and downsides of construction-to-permanent loans and how they can streamline the financing procedure. Failing to protect lien rights. Though the rules vary by state, the lender on a construction project generally retains lien priority if the property owner defaults on the loan. Learn more.
On projects like this, property owners typically count on an insurance claim to pay for the work – they may not have cash on hand to pay you out of pocket. Understanding a homeowner’s insurance policy – and what it covers – can be helpful when deciding to take on a project. Understanding homeowner insurance policies.
On projects like this, property owners typically count on an insurance claim to pay for the work – they may not have cash on hand to pay you out of pocket. Understanding a homeowner’s insurance policy – and what it covers – can be helpful when deciding to take on a project. Understanding homeowner insurance policies.
« TRIAL COURT DECIDES THAT ARCHITECTS CANT BE LIABLE IN IMPLIED WARRANTY OF HABITABILITY | Main. illinois supplier denied mechanics lien. An Illinois appellate court has affirmed the trial court's summary judgment against a lumber company's mechanics lien. March 13, 2012 in litigation , mechanics liens | Permalink.
« Housing boom leads to copyright litigation increase | Main. | Waivers of liens: fraud. The Bankruptcy Court for the Northern District of Illinois recently ruled that a contractor who falsified waivers of lien engaged in fraudulent conduct and his debt to the bank was non-dischargeable. mechanics liens. Categories.
« Economic Loss Doctrine bars Nevada claims against Architect | Main. | » April 20, 2009. Idle Equipment not entitled to Lien in Missouri. A Missouri court has affirmed a trial court ruling in favor of a lien claimant, but at an amount reduced by the trial court to reflect the value of the idle time for the equipment.
« Liability for green design | Main. Subcontractors Mechanics lien allowed where bank seized generals funds. 107108 (May 21, 2009), has ruled in favor of the subcontractor in enforcing a mechanics lien. Funds subject to a lien waiver are required to be held by the owner in trust for the subcontractor. Francis , No.
« New Lennar Opinion issued | Main. CGL policy -- conflict of interest between builder and insurer. In the recent Illinois opinion in American Family Mutual Insurance v. April 20, 2006 in insurance , litigation | Permalink. ILLINOIS APPELLATE COURT DEEMS MECHANICS LIEN COUNTERCLAIM UNTIMELY. mechanics liens.
The main focus of the podcast is how to balance the work and the personal life adopting the “working smarter not harder” principle. The Lien Zone. A team of construction lawyers provides knowledge about different legal issues in the construction industry such as construction and engineering contracts, mechanics’ liens, insurance.
ILLINOIS APPELLATE COURT DEEMS MECHANICS LIEN COUNTERCLAIM UNTIMELY. Jurado , which involved competing lien claims. The defendant, RBM Development, held a mechanics lien on the subject property. RBM attached a copy of its proposed counterclaim to foreclose on its mechanics lien to that motion.
« Justice Roberts finds for architect | Main. | CGL policy -- conflict of interest between builder and insurer » April 20, 2006. Great American Insurance on April 11, 2006 (14-02-00860-CV). April 20, 2006 in insurance , litigation | Permalink. mechanics liens. New Lennar Opinion issued. Categories.
New York court holds that contractor installing cogeneration system not entitled to a mechanics lien. A New York court has held that a subcontractor who furnished labor and materials for a cogeneration system was not entitled to a mechanics lien. Later, Trystate commenced a mechanics lien action, seeking to be paid its claims.
« Arbitration: Email Satisfies Writing Requirement | Main. Thanks to the Construction Owners & Builders Law Blog for this post entitled "Unintentional Construction Defects are an Occurrence Under Liability Insurance Policy." " June 08, 2005 in insurance , litigation , news | Permalink. mechanics liens.
« EXTRAS POTENTIALLY RECOVERABLE IN QUANTUM MERUIT | Main. | New York court holds that contractor installing cogeneration system not entitled to a mechanics lien » April 27, 2012. April 27, 2012 in general , insurance , litigation , news | Permalink. mechanics liens. Fiduciary Duty by Design Professionals?
An insurance certificate showing that the sub has workers comp coverage should always be a prerequisite to allowing the sub to proceed. The main advantage of such “trust fund” provisions is in bankruptcy; trust funds are not considered assets of the subcontractor/debtor that can be distributed to general creditors.
« Waivers of liens: fraud | Main. | October 21, 2005 in insurance , litigation | Permalink. ILLINOIS APPELLATE COURT DEEMS MECHANICS LIEN COUNTERCLAIM UNTIMELY. mechanics liens. No right of contribution in copyright case » October 21, 2005. New York allows contractual indemnification. Categories.
« Limitation of Liability in new AIA Document | Main. | On December 20, 2007, the Florida Supreme Court issued a ruling in United States Fire Insurance Company v. December 21, 2007 in insurance , litigation , news | Permalink. ILLINOIS APPELLATE COURT DEEMS MECHANICS LIEN COUNTERCLAIM UNTIMELY. mechanics liens.
« Sole Proximate Cause Defense Reaffirmed | Main. The plaintiffs had brought an arbitration against an insurance company for which they worked as state sales coordinators. The panel of arbitrators granted summary judgment for the insurance company, finding that the claim had no merit. mechanics liens. Categories.
These clauses typically cover issues like site access, safety requirements, insurance, and timelines. What is a ‘Mechanic’s Lien’? A mechanic’s lien is a legal claim that contractors, subcontractors, or suppliers can place on a property if they are not paid for their work or materials.
« Arbitrations are not always private | Main. ILLINOIS APPELLATE COURT DEEMS MECHANICS LIEN COUNTERCLAIM UNTIMELY. mechanics liens. Louisiana does not give res judicata effect to an unconfirmed arbitration award » March 27, 2012. A lesson for Architectural Firms: be careful how you pay employees. Categories.
« Architect cant profit from wrongful conduct | Main. Waivers of liens: fraud » August 22, 2005. ILLINOIS APPELLATE COURT DEEMS MECHANICS LIEN COUNTERCLAIM UNTIMELY. mechanics liens. Housing boom leads to copyright litigation increase. According to this article in the Minneapolis-St. Categories. arbitration.
« Where owner does not pay undisputed amounts, contractor is entitled to attorneys fees | Main. Subcontractors Mechanics lien allowed where bank seized generals funds » May 20, 2009. ILLINOIS APPELLATE COURT DEEMS MECHANICS LIEN COUNTERCLAIM UNTIMELY. mechanics liens. Liability for green design. Categories.
« Non-signatory bound by agreement to arbitrate | Main. On April 9, 2009, the Second Circuit Court of Appeals in ReliaStar Life Insurance v. ILLINOIS APPELLATE COURT DEEMS MECHANICS LIEN COUNTERCLAIM UNTIMELY. mechanics liens. Sole Proximate Cause Defense Reaffirmed » April 15, 2009. Categories. arbitration.
« Seventh Circuit Rules for Injured Construction Worker - Interprets Section 414 of Restatement | Main. The Architect’s duty to indemnify the Owner under this provision shall be limited to the available proceeds of insurance coverage. ILLINOIS APPELLATE COURT DEEMS MECHANICS LIEN COUNTERCLAIM UNTIMELY. Here it is: § 8.1.3
« CGL policy -- conflict of interest between builder and insurer | Main. | ILLINOIS APPELLATE COURT DEEMS MECHANICS LIEN COUNTERCLAIM UNTIMELY. mechanics liens. Be careful on construction sites, especially when using a cell phone! » April 24, 2006. Optional Arbitration clause. In Higley v. Categories.
« Misclassification of professional employees can be dangerous | Main. June 27, 2012 in insurance , litigation | Permalink. ILLINOIS APPELLATE COURT DEEMS MECHANICS LIEN COUNTERCLAIM UNTIMELY. mechanics liens. Seventh Circuit addresses duties of construction manager to injured worker; analysis of Local Rule 56.1
« Risks in LEED design | Main. May 20, 2009 in litigation , mechanics liens | Permalink. ILLINOIS APPELLATE COURT DEEMS MECHANICS LIEN COUNTERCLAIM UNTIMELY. mechanics liens. Liability for green design » May 20, 2009. Where owner does not pay undisputed amounts, contractor is entitled to attorneys fees.
« Fifth Circuit holds that manifest disregard is not basis for reversal | Main. ILLINOIS APPELLATE COURT DEEMS MECHANICS LIEN COUNTERCLAIM UNTIMELY. mechanics liens. States must follow supreme court precedent - arbitration and the faa » February 24, 2012. Architect not liable when owner deviates from plans.
« DESPITE HAVING TWICE SIGNED CONTRACT, CORPORATE REPRESENTATIVE NOT NECESSARILY OBLIGATED TO PERSONALLY ARBITRATE | Main. | ILLINOIS APPELLATE COURT DEEMS MECHANICS LIEN COUNTERCLAIM UNTIMELY. mechanics liens. A lesson for Architectural Firms: be careful how you pay employees » March 23, 2012. Categories.
« Summary Judgment in Arbitration Upheld | Main. Idle Equipment not entitled to Lien in Missouri » April 19, 2009. ILLINOIS APPELLATE COURT DEEMS MECHANICS LIEN COUNTERCLAIM UNTIMELY. mechanics liens. Economic Loss Doctrine bars Nevada claims against Architect. In Terracon Consultants Western, Inc. Categories.
« IDAHO SUPREME COURT ALLOWS ARCHITECT TO RECOVER DESPITE THE ABSENCE OF A WRITTEN CONTRACT, AND DESPITE THE LACK OF A LICENSE WHEN SOME OF THE SERVICES WERE PROVIDED | Main. Design and construction firms should now check with their insurance carriers to determine whether they have insurance to cover old claims.
« Supreme Court Nominees Construction Decisions | Main. | According to the plaintiff, the general contractor wound up with the money while the subcontractors were stiffed, resulting in substantial mechanics liens filed against the property. advair price without insurance [link] advair generic united states. Invalid URL.
« Arbitrators Change of Award Upheld | Main. ILLINOIS APPELLATE COURT DEEMS MECHANICS LIEN COUNTERCLAIM UNTIMELY. mechanics liens. Supreme Court Revisits Prima Paint » June 21, 2005. No Interlocutory Appeal for Order to Mediate. TrackBack URL for this entry: [link]. Does Equitable Estoppel apply to a Municipality?
« Supreme Court Revisits Prima Paint | Main. ILLINOIS APPELLATE COURT DEEMS MECHANICS LIEN COUNTERCLAIM UNTIMELY. mechanics liens. California: expert can seek equitable contribution from law firm » June 23, 2005. Supreme Court rules that property can be taken for development. TrackBack URL for this entry: [link].
« California: expert can seek equitable contribution from law firm | Main. ILLINOIS APPELLATE COURT DEEMS MECHANICS LIEN COUNTERCLAIM UNTIMELY. mechanics liens. Supreme Court Nominees Construction Decisions » June 28, 2005. June 28, 2005 in general | Permalink. TrackBack URL for this entry: [link]. Categories.
« Kelo Song | Main. ILLINOIS APPELLATE COURT DEEMS MECHANICS LIEN COUNTERCLAIM UNTIMELY. mechanics liens. Watch for Bank Shield Laws in Dealing with Lenders » July 22, 2005. Supreme Court Nominees Construction Decisions. TrackBack URL for this entry: [link]. Does Equitable Estoppel apply to a Municipality?
« No Arbitration for Aesthetic Effect | Main. ILLINOIS APPELLATE COURT DEEMS MECHANICS LIEN COUNTERCLAIM UNTIMELY. mechanics liens. Mediator barred from testifying » July 25, 2005. Design Delegation. The July 22, 2005 Business Review has an interesting article on design delegation by architects. Categories.
« Design Delegation | Main. ILLINOIS APPELLATE COURT DEEMS MECHANICS LIEN COUNTERCLAIM UNTIMELY. mechanics liens. Registering Copyright as Prerequisite for filing suit » August 01, 2005. Mediator barred from testifying. On July 28, 2005, the New Jersey Supreme Court, in State of New Jersey v. Categories. arbitration.
« Registering Copyright as Prerequisite for filing suit | Main. ILLINOIS APPELLATE COURT DEEMS MECHANICS LIEN COUNTERCLAIM UNTIMELY. mechanics liens. California: No contractual jury waiver » August 02, 2005. Email -- Be careful what you write. TrackBack URL for this entry: [link]. Add me to your TypePad People list.
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