In its decision in Inter-Rail Systems, Inc. v. Ravi Corp., the Illinois Appellate Court has announced limitations to the state’s mechanics lien law.
In McDowell Welding & Pipefitting, Inc. v. U.S. Gypsum Co., a subcontractor brought a breach of contract action against an owner and general contractor.
In Thompson v. Toll Dublin, LLC, condominium purchasers sued the project developers for fraud based on concealment of wet, moldy and unhealthy conditions.
In a novel decision, Tyler Const. Group v. U.S., No. 08-94C , __ WL___(Fed. Cl. Aug. 14, 2008), the U.S. Court of Federal Claims has allowed the use of indefinite deliveryindefinite quantity (IDIQ) contract for the procurement of construction services by the government.
Prospective investors considering minority stakes of more than five percent in banks or bank holding companies received a modest boost on September 22 when the Federal Reserve Board relaxed certain restrictions on non-controlling investments.
In Panhandle Fire Protection v. Batson-Cook Co., a general contractor sought to arbitrate a dispute with its subcontractor; however, there was a legitimate dispute as to whether the parties’ final agreement had encompassed an arbitration agreement.