Recently, the North Carolina Supreme Court issued a decision impacting the application of the economic loss rule in commercial settings, particularly construction.
This article provides a refresher on the economic loss...more
On July 8, 2019, Governor Roy Cooper signed into law HB 871, significantly altering North Carolina's anti-indemnity statute, N.C. Gen. Stat ยง 22B-1 ("Anti-Indemnity Statute"), particularly as it relates to indemnity...more
8/8/2019
/ Anti-Indemnification Statutes ,
Construction Contracts ,
Construction Industry ,
Design Professionals ,
Design-Build ,
Duty to Defend ,
Governor Cooper ,
Indemnification ,
Indemnity Agreements ,
Negligence ,
New Legislation ,
Third-Party