Some homebuilders and developers regrettably were involved in the massive mortgage fraud that helped trigger the present recession. A Federal Financial Institutions Examination Council (FFIEC) White Paper (PDF) labels one common scheme the "Builder Bailout." and describes it as follows: A builder bailout occurs when a builder, who has unsold units in a tract, subdivision,… Continue Reading
Category Archives: Construction Industry News
Subscribe to Construction Industry News RSS FeedTax Warning to all Federal Contractors
Posted in Construction Industry NewsThe Federal Contracting Law Blog reports that in January President Obama signed a presidential memorandum instructing the IRS to audit all federal contractors. The audit will prevent companies that owe back taxes from obtaining more federal work.
“Binding mediation” is an oxymoron
Posted in Construction Industry News, Construction LawA California appellate court decision banning “binding mediation” is discussed over at May It Please the Court.
How not to write an arbitration agreement
Posted in Construction Contracts, Construction Industry News, Construction LawMake the arbitration clause one-sided and give yourself, but not the other party, a way to opt out and the clause is unenforceable according to a recent ruling by the Wisconsin Supreme Court.
Construction Litigation–the Paper Chase no more
Posted in Construction Claims, Construction Industry NewsI’ve joined the debate over the wisdom of the paperless office over at The Illinois Trial Practice Weblog.
Builder Association applauds Supreme Court’s Clean Water Act Decision
Posted in Construction Contracts, Construction Industry News, Construction LawThe National Home Builders Association believes a recent decision by the Supreme Court confirms the E.P.A. is exceeding its authority in requiring builders to secure water discharge permits
The battle over re-building Biloxi, Mississippi
Posted in Construction Industry News, Hurricane KatrinaHow FEMA’s new elevation requirements and Biloxi’s politicians ran the New Urban architects hired to plan the City’s re-construction out of town is described in the New York Times Magazine (free subscription rerquired).
Other states unlikely to sue lead paint manufacturers
Posted in Construction Claims, Construction Defects & Defective Construction, Construction Industry News, Construction LawPoint of Law Forum points to an article indicating other states are unlikely to follow Rhode Island’s lead.
The Washington Post Starts a Legal Blog
Posted in Construction Industry News, Construction LawHere’s the link to Andrew Cohen’s Bench Conference
Do current building codes permit building a house of cards?
Posted in Construction Defects & Defective Construction, Construction Industry News, Construction LawThat’s what the Chair of the Ad Hoc Committee on Terrorism-Resistant Buildings (TRB) of the International Code Council suggested at a recent Washington meeting reports ENR.com
Mike Wallace’s unqualified rating by the American Bar Association baffles me too
Posted in Construction Claims, Construction Industry NewsMike Wallace’s unqualified rating took me by surprise. He is a fine man and an outstanding lawyer, and I say that though politically we come from different places.
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