21Nov
UPDATE: Supreme Judicial Court Holds That Each Building in Phased-Development Projects Constitutes Distinct “Improvement” for Purposes of Statute of Repose
Imagine the following. A developer consults with an architect in 2020 about a six-building condominium project. The architect promptly produces a set of plans, which are stamped by an engineer. Over the next three years, the developer secures the necessary permitting from a notoriously stingy local planning board. The developer finally breaks ground in 2024. He completes buildings 1-3 in 2026. Then a recession hits and the developer suspends construction for three years......
By:
Conn Kavanaugh
Related
Last week, Vice Chancellor Kathaleen S. McCormick of the Delaware Court of Chancery issued a decisio...
Read More >
The President of First Bank of Buxboro Ernest “Big Daddy” Bux is growing older, and he’s showing ...
Read More >
According to data from the National Highway Traffic Safety Administration (NHTSA), approximately 40 ...
Read More >
Our Antitrust and M&A Groups offer practical advice for companies seeking mergers or acquisitions in...
Read More >
The Seventh District Court of Appeals’ decision in Union Local School District v. Grae-Con Construc...
Read More >
The US Supreme Court recently decided a closely watched ERISA case against employers and fiduciaries...
Read More >