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Washington Court of Appeals Interprets the Phrase "Third Person" Under Definition of "Insured Contract"

The Washington Court of Appeals held that a liability insurance policy's contractual liability exclusion precludes coverage for an insured's contractual obligation to indemnify another party for injury to the insured because...more

Termination of Contracts: A Balancing Act or the Tightrope over the Morgul Vale?

There is termination done correctly, and on the other hand there is incorrect or wrongful termination. The later form of termination is commonly known as “repudiation” of contract....more

Corporate Protection and Negligence Claims in the Construction Industry

Recently the North Carolina Court of Appeals in White v. Collins Building, Inc. et al., addressed the issue of whether a homeowner has a negligence claim against its builder’s principal when the builder was a corporation. The...more

Personal Assets at Risk Despite Corporate Formalities (Law Note)

Many people establish business entities to protect themselves from personal liability. In a ruling last week, however, the NC Court of Appeals held that despite such corporate formalities, contractors can be personally liable...more

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