Oregon High Court: Defects Settlement Doesn’t Change Insurer’s Liability

(November 23, 2015, 11:56 AM EST) -- PORTLAND, Ore. — A condominium association’s agreement to not execute part of a judgment against a builder in construction defect lawsuit does not automatically remove the builder's liability or that of its insurer, the Oregon Supreme Court ruled Nov. 19, upending a 42-year-old precedent established in Stubblefield v. St. Paul Fire & Marine (267 Or 397, 517 P2d 262 [1973]) (Brownstone Homes Condominium Association v. Brownstone Forest Heights, LLC, et al., No. 46, Ore. Sup.; 2015 Ore. LEXIS 854).

(Opinion available. Document #69-151204-023Z.)

The Brownstone Homes...
To view the full article, register now.