Represented General Contractor on Multi-Million Dollar Public Project Destroyed by Fire

Represented the general contractor on a multi-million dollar public project destroyed by fire just prior to substantial completion and shortly after the limits of builders risk coverage (“BRI”) had been significantly reduced. Successful resolution of the matter required navigation through the interplay of the BRI coverage, various general liability insurance issues, surety bond concerns, contractual obligations, and complicated damages issues. Without the need to resort to litigation, an arrangement was negotiated among the owner, contractor and the insurers to enable the contractor to rebuild the project with insurance proceeds. Initially faced with potential financial ruin, the contractor successfully completed the project and it is fully open for public enjoyment.