ENR logo
search
cart
facebook twitter linkedin instagram youtube
  • Sign In
  • Subscribe
  • Sign Out
  • My Account
ENR logo
  • NEWS
  • BUSINESS
    • Safety & Health
    • Workforce
    • Diversity and Inclusion
    • Finance
    • Companies
    • Project Delivery
    • Ethics & Corruption
    • Government
    • Risk
    • Contractor Business Strategy
  • TALENT
    • Awards
      • Top 25 Newsmakers
      • Award of Excellence
      • Legacy Award
      • Top Young Professionals
    • Promotions & New Hires
    • Obituaries
    • Annual Photo Contest
  • PROJECTS
    • Buildings
    • Construction Methods
    • Design
    • Sustainability
    • Transportation
    • Environment
    • Power & Industrial
    • Water & Dams
    • Best Projects
    • Pulse
  • REGIONS
    • ENR California
    • ENR MidAtlantic
    • ENR Midwest
    • ENR Mountain States
    • ENR New York
    • ENR New England
    • ENR Northwest
    • ENR Southeast
    • ENR Southwest
    • ENR Texas & Louisiana
    • Regional Contests and Surveys
  • TECH
    • Information Technology
    • Construction Technology
    • BIM
  • PRODUCTS
    • Equipment
    • Materials
  • IDEAS
    • Blogs
    • Editorials
    • Viewpoints
    • Letters
    • Book Reviews
    • ENR History
  • COSTS
    • Weekly Construction Economics Reports
    • Quarterly Cost Reports
    • Construction Cost Data Dashboard
    • Construction Cost Index
    • Building Cost Index
    • Historical Indexes
    • FAQs
  • LISTS
    • ENR Top Lists
    • ENR Sourcebooks
    • Survey Schedule
    • 2024 Top 200 Environmental Firms Survey
  • INFOCENTERS
    • Builders' Risk & Insurance
    • Innovate Your Build
    • Modern Methods of Construction
    • Successful Site Intelligence
    • Trends In Workforce Development
  • EVENTS
    • Award of Excellence
    • Best of the Best Project Awards
    • FutureTech
    • Groundbreaking Women in Construction
    • Global Best Projects Awards
    • LA Infrastructure Forum
    • NY/NJ Infrastructure Forum
    • Regional Best Projects
    • Top 25 Newsmakers
    • Upcoming Events
    • Webinars
  • MORE
    • About
      • Contact Us
      • Advertise
      • Social Media Channels
    • Best Project Award Contests
      • Global
      • Regional
    • CE Center
    • Digital Editions
    • ENR Book Store
    • Industry Jobs
    • Podcasts
    • Proposals & Bids
    • Special Advertising Sections
    • Subscribe
    • Videos
    • Year In Construction Photo Contest
    • Sponsor Insights
    • Interactive Spotlights
    • eBooks
Home » Topics » Business » Risk

Risk
Risk RSS Feed RSS

Supreme Court Refuses To Hear Challenge to U.S. Border Fence

June 17, 2009
No Comments
The U.S. Supreme Court on June 15 refused to accept a case seeking to stop the federal government from building a fence along the U.S. border with Mexico, letting stand a lower-court ruling authorizing its construction.
Read More

Court Rules in Favor of Atlantic Yards Megadevelopment

Nadine Post
Nadine M. Post
May 15, 2009
No Comments
The Appellate Division of the New York state court ruled four to zero to uphold the state’s right to use eminent domain to build the Atlantic Yards megadevelopment in Brooklyn, N.Y. Developer Forest City Ratner Cos. (FCRC), New York City, says it plans to break this year, with the intent that the Nets will play basketball in the planned arena, named Barclays Center, in the 2011-12 season. In 2006, the developer was aiming to move have the Nets into the arena by the 2009-2010 NBA season. According to FCRC, this is the 23rd consecutive ruling in favor of the megadevelopment,
Read More

High Court Limits Feds in Seeking Superfund Cleanup-Cost Funds

May 6, 2009
No Comments
In an 8-1 decision, the U.S. Supreme Court on May 4 limited the legal reach of the Comprehensive Environmental Response, Compensation and Liability Act, known as the Superfund law, in recovering cleanup costs from companies with possible links to pollution at sites. The high court said Shell Oil should not be held liable for contamination at an Arvin, Calif., site where it sold pesticides to a now-bankrupt chemical firm. Writing for the majority, Justice John Paul Stevens said liability under the relevant section of the Superfund law “does not extend beyond the limits of the statute itself.”
Read More

Lawsuit Filed Against Las Vegas Lenders To Restore Financing

April 29, 2009
No Comments
Fontainebleau Las Vegas, a new $3.1-billion Strip resort, is suing its lenders for reneging on a critical $800-million construction loan. The 63-story, 3,815-room development is about 70% complete and scheduled to open in October. On April 23, an investment group led by Miami-based developer Jeffrey Soffer filed a $3-billion lawsuit in Clark County District Court against the project’s 11 lenders for refusing to provide prearranged financing. The developer already has invested over $2 billion in the project. A deepening recession and frozen credit markets make new financing difficult. Fontainebleau had hoped to raise $700 million to $900 million through condominium
Read More

Partial Settlement Announced For 2006 Fatal Crane Collapse

April 22, 2009
No Comments
General contractor Lease Crutcher Lewis and structural engineer Magnusson Klemencic Associates have settled a lawsuit with the family of the man who died in his apartment when the boom of a 210-ft tower crane toppled while working on Tower 333 in Bellevue, Wash. Details of the settlement were not disclosed. An LCL action against MKA, part of the suit, remains unresolved. According to MKA Chairman and CEO Jon D. Magnusson, MKA designed the crane base assuming a tie-in to the building frame in the initial configuration, but the crane was erected without a tie-in. The reason for this is the
Read More

Thornton-Tomasetti Is Cleared In Indiana Library Defect Suit

Craig Barner
April 22, 2009
No Comments
In the latest twist in a long controversy, an Indiana circuit court jury on April 15 cleared structural engineer Thornton-Tomasetti Inc., New York City, of fraud charges brought by the Indianapolis-Marion County Public Library, related to the troubled renovation and expansion of the city’s central library. Photo: Indianapolis-Marion County Public Library Library’s structural engineer was sued by project owner. The library project originally was budgeted at $103 million but was completed two years late, in December 2007, and as much as $50 million over budget. Other project contractors previously settled with the library for a total of $21.5 million, including
Read More

Chinese Crane Welder Lacked Confidence in Its Own Skills

Tudor Van Hampton
Tudor Van Hampton
April 15, 2009
No Comments
Nearly a year before an ill-fated Kodiak tower crane collapsed on Manhattan’s Upper East Side and killed two workers, China-based RTR Bearing Co. sent an e-mail to New York Crane & Equipment Corp., saying, “We don’t have confidence on this welding,” referring to a custom bearing assembly the crane owner had ordered. But New York Crane asked RTR to perform the $21,860 job anyway, according to court papers filed in conjunction with the accident. Photo: Castro & Karten LLP Plaintiffs’ photographs show where swing bearing (top) snapped away from spacer ring (bottom). Even as personal-injury lawyers are now blaming Brooklyn-based
Read More

Construction Execs Targeted In Illinois Governor Investigation

April 8, 2009
No Comments
A federal investigation of impeached ex-Illinois Gov. Rod Blagojevich (D) has resulted on April 2 in six indictments for fraud and extortion that include construction executives. Christopher Kelly, a roofing contractor, and William Cellini, president of the Illinois Asphalt Pavement Association, were indicted along with Blagojevich, his brother, his chief of staff and a lobbyist. Cellini was similarly indicted last October.
Read More

Firms Reach New Settlements In Central Artery Fatal Collapse

April 1, 2009
No Comments
Massachusetts Attorney General Martha Coakley on March 26 announced “final agreements” with two companies related to the July 2006 fatal collapse of the Central Artery I-90 tunnel plenum. Settlements totaling $1.9 million end civil claims resulting from the fatal accident. Section design firm Gannett Fleming Inc., Harrisburg, Pa., agreed to pay $1.53 million into a statewide infrastructure fund, $50,000 to the city of Boston and waived $150,000 in project payments. It also agreed to make clients and staff aware of a Federal Highway Administration technical advisory on use and inspection of adhesive anchors. The state also settled with Sika Corp.,
Read More

Extortion Suit Between Alabama Contractor and Utility Settled

February 18, 2009
One Comment
A 2006 lawsuit that alleged extortion and breach of contract by Alabama Power Co., which almost went to trial last month, has been settled for $38,000. Hand Contractors of Autaugaville had claimed quality-control inspectors from the power company extorted money and goods from the firm between 2003 and 2005 by "forcing plaintiffs to pay kickbacks." Threats of poor performance reports and loss of contract were allegedly used to demand $250,000 in cash and goods, including construction equipment, firearms, trucks and off-road vehicles. Hand Contractors, which had four to five employees during the time in question, had been hired to control
Read More
Previous 1 2 … 222 223 224 225 226 227 228 229 230 Next
Subscription Center
  • About ENR UNLIMITED
  • Join ENR UNLIMITED
  • Renew Membership
  • Create Account
  • Change Address
  • Pay My Bill
  • Free eNewsletters
  • Customer Care
  • Manage My Preferences

More Videos

Sponsored Content

Sponsored Content is a special paid section where industry companies provide high quality, objective, non-commercial content around topics of interest to the ENR audience. All Sponsored Content is supplied by the advertising company and any opinions expressed in this article are those of the author and not necessarily reflect the views of ENR or its parent company, BNP Media. Interested in participating in our Sponsored Content section? Contact your local rep!

close
  • construction workers
    Sponsored byGrassi

    Industry Survey Delivers Analysis & Opportunities for Success

  • construction people
    Sponsored byCMiC

    Everything You Need to Know When Selecting a Construction-Specific ERP

Popular Stories

1028_Top600_1170_ENRwebready.jpg

ENR 2024 Top 600 Specialty Firms: Contractor Collaboration Shines

2024-10-22-ncdot-helene-western-nc-prequalification.jpg

Helene Recovery Progresses With Road, Water Contracts

ENR_10.22.24_BahaMar_Lawsuit.jpg

Judge: China Construction Owes Baha Mar Developer $1.6B

Infrastructure_Act_Rollout_780_ENRwebready.jpg

US DOT Awards $4.2B in 'Mega,' INFRA Grants

AutodeskAU2024.jpg

Autodesk Advances Esri Partnership, Further Explains Data Strategy

Industry Jobs



Webinar

Events

October 30, 2024

How to Unlock Efficiency with Integrated Capital Project Management

Maximize Your Capital Projects with Best Practices for Optimization 

Earn: 1 PDH; 1 AIA LU/Elective; 0.1 IACET CEU

PDH AIA IACET

Comprehensive visibility is central to successful capital project management. However, many organizations face difficulties due to disjointed systems and data silos, leading to missed opportunities, cost overruns, and strategic misalignment. Discover how to maximize your capital projects with best practices for optimization.

Sponsored by:

November 7, 2024

Put The Data To Work: Leverage 3D Modeling Tools to Maximize the Value of Your Subsurface Data

Learn how to leverage modern database, 3D geological modeling and data visualization tools to maximize the value of your site investigation data. We'll discuss planning field work with more budget efficiency, wider use of your historical and contemporary datasets to save future costs, & improved knowledge transfer across multidisciplinary teams.

Sponsored by:

Seequent

View All Submit An Event

Products

ENR Square Foot Costbook, 2025 Edition

ENR Square Foot Costbook, 2025 Edition

See More Products

Special Ad Section

Construction Equipment Showcase
 CONSTRUCTION EQUIPMENT SHOWCASE
 View all Special Ad Sections
 Archives

 


The latest news and information

#1 Source for Construction News, Data, Rankings, Analysis, and Commentary

JOIN ENR UNLIMITED
  • RESOURCES
    • Advertise
    • Contact Us
    • Store
    • Want More
    • Photo Submissions
  • Subscription Center
    • Subscribe
    • Renew
    • Create Account
    • Change Address
    • Pay My Bill
    • Free eNewsletters
    • About ENR UNLIMITED
    • Customer Care
  • SERVICES
    • Marketing Services
    • Reprints
    • Market Research
    • List Rental
    • Survey And Sample
  • STAY CONNECTED
    • LinkedIn
    • Facebook
    • Instagram
    • YouTube
    • X
  • Privacy
    • PRIVACY POLICY
    • TERMS & CONDITIONS
    • DO NOT SELL MY PERSONAL INFORMATION
    • PRIVACY REQUEST
    • ACCESSIBILITY
    • UPDATE MY PREFERENCES

Copyright ©2024. All Rights Reserved BNP Media.

Design, CMS, Hosting & Web Development :: ePublishing