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What are the Types of Damages a Property Owner Can Recover for Construction Defects?

Jimerson Firm

When a property owner experiences construction defects in their property, one of the important considerations as to whether or not to pursue a construction defect lawsuit is what types of damages may be available to remedy the defects. Initially, it is important to understand what constitutes a construction defect.

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April saw surge in Company Insolvency says latest data

UK debt collections

The number of seasonally adjusted compulsory liquidations was 11% higher than in March 2024 and 21% higher than in April 2023. Numbers have increased from record low levels seen in 2020 and 2021 while restrictions applied to the use of statutory demands and certain winding-up petitions (leading to compulsory liquidations).

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State by State Reopening Update

Receivables Control

This list was created on May 11, 2020 and it is subject to change quickly as the health, economic, and political landscapes continue to change rapidly. Alabama: Effective May 11, limited operations of restaurants, hair and nail salons and gyms are allowed at reduced capacity. As of May 11, restaurants can open at half capacity.

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Automatic Stay is not Extended to Enjoin Arbitration Between Non-Debtors, Even Where Debtor’s Actions are the Subject of the Arbitration

ABI

Sahene Construction L.L.C. ( In re Sahene Construction), the United States Bankruptcy Court for the District of Louisiana held that a non-debtor defendant was not entitled to protection of an automatic stay. 1] In August 2020, WMG Development (“Owner”) entered into a contract with a Ferrandino & Son, Inc. 11] Id.

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The Rights of a Prepetition Lien Holder Against Postpetition Proceeds from a Sale of Real Property

ABI

In evaluating the Texas Business & Commerce Code and title 11 of the United States Code (the “Bankruptcy Code”), the United States Bankruptcy Court for the Southern District of Texas, in In Re Burts Construction, Inc., In 2017, Allegiance Bank loaned Burts Construction, Inc. the “Debtor”) $1.5 2023) [2] Id. [3] Code Ann. §

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630,000 UK Companies facing Insolvency

UK debt collections

Around 630,000 businesses were experiencing significant financial distress in the last quarter of 2020, ahead of the current lockdown, according to research by the restructuring firm Begbies Traynor. The latest research for Q4 2020 recorded the largest numerical quarterly leap (73,000) in financially distressed companies since Q2 2017.

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Small Businesses in ‘distress’ number triples

UK debt collections

Construction companies make up 7.9% Data on 01 January 2020. Construction. Retail and service Businesses are the hardest hit. Almost 60% of Businesses in these sectors are the hardest hit. Sectors that have been allowed to ‘reopen’ have been showing signs of improvement. Listed Business (PLC) Data. 10 or less.