As published in Portland Business Journal In the real estate boom years that ended in 2008, a cottage industry was born to sell tenant-in-common interests to real estate investors. However, with the collapse of the real estate markets, investors in TIC interests were exposed to certain risks previously ignored by such investors and their advisers…. Continue Reading
Monthly Archives: May 2011
Workers’ Comp Reforms Passed
Posted in ConstructionHey, it’s an industrial insurance kind of day. Here’s a good summary at the Washington AGC of the new reforms to the worker’s compensation system that have just passed the legislature. The governor is expected to sign.
New Supreme Court Decision on Design Professional Tort Immunity
Posted in ConstructionIn a decision filed today that will be of interest to design firms and professionals across the state, the Washington Supreme Court for the first time in Michaels, et al. v. CH2M Hill, Inc. addressed the scope of the immunity provided to design professionals by the Industrial Insurance Act in RCW 51.24.035. All in all, an interesting… Continue Reading
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