Senator: S.C. Residents Paying for Lack of Bond on Nuclear Plant

sbabondsUncategorized

As a freshman senator I voted against the now infamous Base Load Review Act (BLRA) and urged my colleagues to do likewise. Unfortunately it wasn’t so infamous back then. I lost by a vote of 21 to 1 in the April 3, 2007, Senate Judiciary Committee meeting. I lost by an even larger margin via voice vote on the Senate …

Surety Bonds Protect Subdivisions From Developers That Default

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When Shelby County resident Rob Thornton went in front of the Shelby County Commission in April, he was hoping for a solution that he and several other residents face: unfinished neighborhood roads. Thornton, who lives in the Mountain Crest Subdivision off of Alabama 119, has seen his neighborhood’s roads remain incomplete, which has led them to deteriorate and cause safety …

Commentary: Owners, Contractors Must Know Warranty Terms

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A warranty is meant to protect a purchaser from any faults or defects in goods or services purchased. But warranties are as different as the products and services that they protect. What’s more, because courts interpret warranties in widely different ways – as either a creature of tort, contract or a mixture of both – there exists no “one size …