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Monthly Archives: June 2016

Subcontractor Default Insurance Versus Surety Bonds

6/13/2016 | Construction Blog

Although it’s hardly a new product at this stage, the introduction of Subcontractor Default Insurance (“SDI”) is much more recent than the use of surety bonds. Many of the very large general contractors are now using SDI because it allows them to control the claims process a bit more. These policies, while useful, should not be confused with surety bonds though. There are some important distinctions between the two that are worth noting.

WE HAVE A GREAT CONTRACT, SO WHY ARE WE STILL DEALING WITH CLAIMS IN COURT? (Part 1 of a 3)

6/13/2016 | Construction Blog

Part 1 of a 3 part series on risk management In my years as a construction attorney, I have had countless conversations with contractors who are frustrated by the “drag” created by litigation. Many of those with whom I have spoken have expressed confusion over the fact that their contract – perhaps even one prepared by a lawyer – is good and should be keeping them out of Court; and they cannot understand why they still find themselves in costly […]

Power plant denied permit to expand spent fuel storage

6/11/2016 | Real Estate Blog

A nuclear power plant in Pennsylvania was not allowed to expand its spent fuel storage facility after applying for a permit to do so. Talen Generation LLC applied for a building permit for its nuclear power plant, Susquehanna Steam. The company wanted to expand the power plant’s existing spent fuel storage facility by 22,000 square feet so that it would be able to meet its future storage needs.

Housing market recovery a mixed blessing for real estate agents

6/10/2016 | Real Estate Blog

Real estate agents in Pennsylvania and around the country have seen the amount of their commissions increase in recent years as the housing market gradually recovers from losses suffered during the 2008 financial crisis and subsequent recession, but these gains have been largely offset by the frequent reluctance of property owners to sell their homes as they wait for prices to climb even higher. The situation is made even more challenging by a recent surge in the number of real […]