Consumer Goods Retailer v. General Contractor

KEY INFORMATION: 

Project name: Consumer Goods Retailer v. General Contractor

Client: Confidential -- General Contractor & Construction Company

Services Provided: Business Interruption, Finance & Economic Damages, Dispute Resolution

SOCOTEC was retained by counsel for a general contractor and construction company to evaluate claims made by a consumer goods retailer and its insurer related to a rain event. Plaintiff alleged that the general contractor did not take adequate protective measures to prevent water intrusion from entering the subject property causing claimed business interruption and property damages. Based on our analysis, SOCOTEC reduced the alleged damage claims by over 50%. This matter settled favorably for our client.