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Real Property & Development Review

Monthly Archives: March 2007

Mayhem in the Market

Posted in Construction

Cost escalation, labor shortages, market volatility — welcome to the brave new world of today’s hot construction market.  We recently prepared a legal guide to risk allocation of such market factors and a copy can be accessed here Download file Based on the current headlines, these resource risks are taking a significant toll on both the… Continue Reading

Next Stop, Senate…

Posted in Construction

Substantially revamped bill to overturn the Mike Johnson case easily passes in the House and moves on to the Senate.  Summary of recent changes described here.

Court Affirms Arbitration Award Arising from Forged Contract

Posted in Construction

This case illustrates what a friend calls the "black cloud" theory of construction litigation — certain projects seem cursed from the get-go and invariably plunge into dispute and disarray.  Nothing seems to go right. Nominally, this case is about whether to vacate an arbitration award rendered in favor of Sellen arising from a tenant improvement project.  As is… Continue Reading

More Lawyer Jokes…

Posted in Construction

A hefty dose of lawyer jokes for your amusement — not really related to construction but received from a friend in the industry.  Close enough.   Download file

Supreme Court Clarifies Scope of Economic Loss Doctrine

Posted in Construction

Today’s economic loss decision from the Supreme Court is significant. As readers of this site know, the economic loss doctrine states that a plaintiff may not sue in tort for recovery of purely economic losses (rather than personal injury or property damage).  Instead the plaintiff is limited to whatever remedies might be available under the written… Continue Reading