A pair of recent rulings involving the economic loss doctrine from North Carolina serve as a timely reminder to carefully consider the extent of contractual remedies in negotiation of.
A pair of recent rulings involving the economic loss doctrine from North Carolina serve as a timely reminder to carefully consider the extent of contractual remedies in negotiation of construction agreements.
My colleagues and I recently provided key updates on supply chain disruption, liens, and licensing boards during the firm’s 2021 Construction Conversations Webinar. In.
My colleagues and I provided updates on supply chain disruption, liens, and licensing boards during our 2021 Construction Conversations Webinar, including dealing with the North Carolina Licensing Board, supply chain issues, lien law best practices and the economic loss rule.
To embed, copy and paste the code into your website or blog:
In another significant opinion from the North Carolina appellate courts, the Court of Appeals recently expanded the application of the collateral source rule to negligence claims arising out of construction disputes in a case of first impression,
Carolina-A-Contracting, LLC v. J. Scott Campbell Construction Company, Inc., 2021-NCCOA-62 (Mar. 16, 2021). In general terms, the collateral source rule provides that a negligent party is not entitled to a credit for payments made by an independent source, such as an insurance company, to the injured party for the same injury. As the Court noted, this common-law rule is an exception to the general legal principle that there can only be one recovery for one injury.