Long-time LGC client E.F. Brady Company, Inc. was a family-owned drywall subcontractor that had been in business for many years. In the early 1970s, E. F. Brady Company participated in the construction of several commercial buildings in Irvine, California. E. F. Brady Company purchased and installed drywall and joint compound that allegedly contained asbestos. E. Read More…
Archives for June 2016
New Appellate Case Finds “Other Insurance” Provision Invalid
In the new case of Certain Underwriters At Lloyds, London, v. Arch Specialty Insurance Company, California’s Third District Court of Appeal held that an “other insurance” provision in a commercial general liability policy, which purported to excuse an insurer’s defense obligation when other insurance was defending, violated public policy and was unenforceable. The case arose Read More…
When A “Non-Binding” Letter Of Intent Is Binding After All
A letter of intent, also known as a term sheet or a proposal, is typically a brief document that parties sign prior to drafting a detailed contract. In theory, a letter of intent functions as a tool for parties to make sure they are on the same page as to the significant points of a Read More…
