Appeals Panel: Developer Must Still Contribute To Builder’s Payment For Defects

(October 3, 2019, 8:56 AM EDT) -- DENVER — A Colorado appeals panel on Sept. 5 rejected a developer’s argument that a release in a settlement with homeowners who complained that their homes were built on sinking soil precluded it from contributing to damages a builder was ordered to pay to the homeowners as part of an arbitration award, finding that the developer and builder were found jointly liable for damages (LB Rose Ranch LLC v. Hansen Construction Inc., No. 18CA0269, Colo. App., 7th Div., 2019 Colo. App. LEXIS 1334)....

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