How would in affect your business if your company was to be held liable for anything you builtā¦forever? A lawsuit in Texas is currently challenging the legal protection contractors normally enjoy called a statue of repose, which relieves the contractor of any liability 10 years after a project is completed. If the courts agree with the plaintiffs in this case it could have wide ranging impact on insurance and bonding and open up a Pandoraās box of legal problems for contractors.
Courts weigh āstatutes of reposeā in Texas
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