Month: May 2013
Horizontal Exhaustion: Continuing Efforts to Protect an Owner/Developer
Prudent Owner/Developers should continually review their approach to risk management. In particular, changes to the always-evolving construction insurance coverage forms require Owner/Developers to rely more than ever on their insurance brokers to obtain the broadest...
A Legally Binding Carrot And Stick: Drafting Effective Liquidated Damages Clauses In Construction Contracts
Owners of construction projects are typically under pressure to meet stringent deadlines for project completion, whether motivated by a construction loan's looming deadlines, strict terms of a regulatory agreement, demanding lease and/or sales goals or a combination...