200 Homeowners v. Developer

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Plaintiff homeowners filed a construction defect action seeking $24 Million Dollars in damages. Hardiman & Carroll represented the developer. H&C brought in responsible subcontractors and obtained 100% of the defense costs from those subcontractors and their carriers through indemnity agreements and Additional Insured Endorsements. H&C worked with the Developer in approaching individual plaintiff homeowners to get them to withdraw from the suit in exchange for immediate repairs to their property. Over 60 homeowners accepted the offers and withdrew. The remaining claims were settled for less than $2.5 Million Dollars, about 10% of the original claim.

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