On at least one occasion here at Construction Law Musings, I have discussed the need to operate your business as a corporation or LLC. The primary reason that I, as a construction attorney, recommend this is for the liability protection against attacks on your personal assets. Proper use of incorporation can and does protect your […]
Economic Loss Rule not Absolute in Construction
Musings takes a step off of the green construction and marketing train to discuss an interesting decision from the City of Richmond, Virginia Circuit Court. As Musings has discussed on several occasions, the economic loss rule in Virginia states that where a loss occurs that relates in any way to a contract, the injured party […]
More Musings on Mechanic’s Liens in Virginia
It is not news that the recent construction economy has not been good. Private money is not flowing into construction as it had been in the past and public projects are moving more slowly. Payment disputes leading to mechanic’s lien claims and payment bond claims are rampant because of the shaky nature of the payment […]
Plain Meaning Can Be a Bear
The Fairfax, Virginia Circuit Court recently reminded us all of how strictly the Virginia courts will read an insurance policy or contract. In Dent v. Allstate Indemnity Co., the court looked at a homeowners policy and whether coverage existed for a flooded basement. The key language was found in the Virginia Water Damage endorsement and […]
Happy 2011 from Construction Law Musings!
Happy New Year to all of my friends and readers here at Musings. I have had a great 2010 getting my thoughts down on construction law and the construction landscape and wish you all a great 2011. Image from stock.xchng. As always, I welcome your comments below. Please subscribe to keep up with this and […]