Wednesday, February 22, 2017

Is a Dispute Over General Contractor Overhead and Profit Appropriate for Appraisal?

Originally published by Edward Eshoo.

In Windridge of Naperville Condominium Association v. Philadelphia Indemnity Insurance Company,1 a federal district court in Illinois recently addressed the issue whether appraisal is appropriate to resolve a dispute over the need for a general contractor to perform repairs following a covered loss. There, hail damaged townhome buildings, requiring repairs. Philadelphia paid for losses it … Continue Reading

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