My partner, Scott Kaplan, discusses the recent Oregon Court of Appeals in FountainCourt Homeowners’ Ass’n v. FountainCourt Development, LLC case in the Daily Journal of Commerce. On August 6, the Oregon Court of Appearls, handed down a decision making clear that standard form liability insurance policies cover construction defect claims so long any “property damage” for which the insured is responsible took place during the policy period. As a result, the FountainCourt decision should make it easier for construction industry policyholders to obtain construction defect coverage without resorting to expensive and time-consuming litigation.
Read the full article at: www.stoel.com/publications
"A Major Victory For The Construction Industry" was originally published August 15, 2014 by the Daily Journal of Commerce.