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5/24/2016 | Construction Blog
The United States District Court for the Northern District of Maryland recently considered an argument by Hartford Accident and Indemnity Company that it was exempt from paying a portion of a payment bond claim as a result of a no damages of delay clause. In deciding the issue, the Court determined that the clause was enforceable but did not preclude recovery against the surety.
5/24/2016 | Construction Blog
The Neighborhood Improvement Zone, otherwise known as the “NIZ” in the Lehigh Valley, is serving as the springboard for another large development in downtown Allentown. J.B. Reilly is planning to build a $45 million 12 story office project in the NIZ by 2018.
5/22/2016 | Construction Blog, Real Estate Blog
On April 14, Wyatt, Inc., a subcontractor working for Turner Construction Company, filed a complaint against the company, alleging that it refused to pay for completed work and for a breach of contract. The plaintiff is seeking more than $5 million in damages via trial by jury.
5/20/2016 | Real Estate Blog
Reports indicate that a Philadelphia elected official has introduced a bill to delay construction work on a controversial 32-story tower in that city. The legislation would place a one-year moratorium on building work at the Washington Avenue and Broad Street site. This would give critics of the development time to provide input before any final decisions are made concerning the controversial mixed use project.
5/20/2016 | Kaplin Stewart Blog
Members of the Baby Boomer generation are now entering retirement at a rate of approximately 3.5 million each year. As these Pennsylvania residents continue to age, they will begin to have specific needs that must be addressed. Those needs can best be looked after through through and informed long term care planning, as part of a larger estate planning package. A common issue that many older people face is the fact that they created their estate plans many years before […]
