Caddell & Chapman resolved part of a major construction defect case involving an $85 million, 30‑story condominium tower on South Padre Island in Texas. The tower, having suffered extreme differential settlement during its construction, will be imploded in December 2009. Representing the owner, Caddell & Chapman successfully addressed multi‑party claims and obtained a confidential settlement on a significant portion of the case, following which there was a release of the bank liens on the property. …
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Multi-Million Dollar Insurance Litigation
Caddell & Chapman represented Park Memorial Condominium Association in litigation against Lexington Insurance company for breach of contract in denying Park Memorial’s insurance claim and failing to indemnify Park Memorial for covered damages at the condominiums in accordance with the conditions of the policy. Park Memorial submitted an insurance claim to Lexington related to partial collapse at the Park Memorial Condominiums. The physical and structural damage was so severe that the City of Houston ordered …
Caddell & Chapman Leads Objectors
Leading a group of Objectors, Caddell & Chapman opposed final approval of a nationwide class action settlement in a New Mexico case that challenged First Colony’s charging of modal premiums to its life insurance customers. Objectors moved to intervene in the case and objected to the settlement as being neither fair, adequate, nor reasonable. Objectors also requested limited discovery into the settlement negotiations between First Colony and Class Plaintiffs because Class Counsel conducted no formal …
Tort Recovery Against Nevada
As lead counsel, Michael Caddell and John Scofield settled a tort claim recovery against the State of Nevada. The lawsuit arose from a multiple fatality accident near Las Vegas involving a Nevada Highway Patrol trooper. The trooper was driving his patrol car at 113 mph without activation of emergency lights and siren. The patrol car struck a sedan occupied by five undocumented Mexican residents, which killed four and injured the fifth. In contrast to other …