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Good faith settlements.(legalcorner)

Publication: Reeves Journal
Publication Date: 01-JUN-08
Format: Online
Delivery: Immediate Online Access

Article Excerpt
Construction disputes quite often involve numerous parties. A recent case highlighted how California law looks at settlements where there are multiple parties and at least one of them would like to settle the case and get out. I am not going to follow the facts of the case. However, the facts...

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...are going to be relatively close.

In this case, Geocon contracted to provide geotechnical services on a parcel of real property that was being prepared for apartment complex construction. Geocon contracted with Sunbow. However, Geocon would not enter into a contract unless its liability was limited. Accordingly, they entered into an agreement in which Sunbow agreed to limit Geocon's liability to Sunbow and to all other parties for claims arising out of Geocon's performance of the service described in the agreement....

NOTE: All illustrations and photos have been removed from this article.



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