A big redevelopment project at the Aspen Club was meant to service tourists in Colorado, but financial trouble has prompted multiple contractors and the lender to foreclose on the property. FirstBank, which lent the club's owner $45 million, filed the first...
Contracts developed by the American Institute of Architects often serves as a foundation for agreements between parties on a construction project in Missouri. Every 10 years, the organization revises documents, and it has added language to documents A101, B101 and...
Builders in Colorado may have been in a celebratory mood on June 5 when the state's Supreme Court ruled on a landmark construction defect dispute. The case involved how the declarations for projects can be changed, and the justices ruled by a 5-2 majority that a...
If a bill that passed the Colorado House on April 24 also passes the Senate, homeowners associations will be required to let condominium owners decide whether they want to be involved in class action lawsuits. The condo market has slowed in the last few years partly...
Whether you are a property owner or a contractor, construction defects in newly constructed properties can lead to significant financial losses when they are discovered. Property owners, including condominiums, apartment buildings, homeowners associations and others,...
Businesses engaged in contracts with other companies sometimes have a dispute over the terms or performance of a contract provision. There are certain types of contract provisions that are prohibited in the state, and as such, hold no legal weight if they appear in a...
Homeowners in Kansas who notice that their home has a construction defect may be able to seek some financial compensation. In order to file a successful claim, the homeowner must prove that there is a real construction error in their home within the statute of...
A dispute taking place in a state outside of Kansas has gotten our attention. It's taking place in Colorado, but the elements of the case seem to have ramifications that everyone in the construction industry would likely be interested in.At the core of the issue is a...
When Noah built the ark there was no written record of who would do what or what the expectations were. Noah got the word from on high and oversaw all the work himself.These days, that kind of situation wouldn't fly. Construction projects are costly affairs that...
A lay person -- and even a lawyer -- without specialized experience or a relevant background in construction-related matters might be flatly overwhelmed by the inherent scope and complexity of the industry.Merely considering and understanding the respective interests...
