Arbitration has traditionally served as an alternative to litigation in the field of construction disputes. Many construction agreements incorporate clauses that reference arbitration, with several of these bringing into play particular rules set by designated arbitration providers. Lately, though, procedural issues within this area have been brought to light, particularly pertaining to the state of…
In the 19th Century, a man named Homer Plessy, who was seven-eighths White and one-eighth Black, was once pejoratively referred to as an “octoroon”. Plessy grew up during the age of Reconstruction in New Orleans, a time when people of color were granted expanded civic and political rights. However, this era of relative racial progress…
Swift action is the watchword for residential property developers in the UK as the Building Safety Act Responsible Actors Scheme (“RAS”) commences enforcement. Provisions of the Responsible Actors Scheme, which came into effect on 23 July 2023, mandate remediation of fire safety defects in relevant buildings by developers, failure of which could result in them…
In a recent development in financial regulations, the Board of Governors of the Federal Reserve System has published a working paper titled “Can Measurement Error Explain Slow Productivity Growth in Construction?”. The key essence of the paper is to address and potentially rectify the perceived slow productivity in the construction sector. With a primary focus…