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Navigating the Confines of the Economic Loss Rule and Other Property Damage
- The economic loss rule is a rule frequently invoked in construction
disputes that operates to limit the types of damages that can be
recovered. Understanding the limits of the economic loss rule requires...
Workouts Take Center State Amid Historic Real Estate Collapse
- NEW YORK, N.Y. (2/8/10) – The collapse of the U.S. housing and
mortgage-backed securities markets has raised the stakes in real estate
workouts and loan negotiations as never before—and both...
Differing Site Condition Elements Applied
- Under the Federal Acquisition Regulation, the Differing Site Conditions
clause at FAR § 52.236-2 is a mandatory clause in most fixed-price
federal government contracts. This provision operates to...
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Green without LEED
July 11, 2009
July 11, 2009
Green buildings and LEED (Leadership in Energy and Environmental Design) have become popular buzzwords in the design and construction industry. The dramatic increase in fuel and energy prices coupled with the discussion surrounding climate change have pushed the environment into the public consciousness in a way that we have never seen before. Even those who are not concerned with their environmental impact are now interested in energy use and how it affects their bottom line.
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