Proposed Nevada construction defect lawsuit reforms that were criticized as “window dressing” by the building industry died in the Senate.
AB401 sponsored by Democratic Assembly Speaker John Oceguera failed on 9-12 vote.
The bill would have set a three-year statute of limitation to bring suits for willful conduct or fraudulent concealment of construction deficiencies. It also would have allowed attorneys’ fees to be awarded only to the prevailing party and require they be approved by a judge.
But construction industry representatives argued the bill doesn’t go far enough to address industry concerns and should be abandoned.
One critic equated it to “rearranging the deck chairs on the Titanic.”
Was this article valuable?
Here are more articles you may enjoy.
Truckers Who Fail English Tests Get Pulled Off Roads in Trump Crackdown
Marijuana’s Move to Schedule III: What it Really Means for Cannabis Insurance
Jump Trading Faces $4 Billion Terraform Administrator Suit
NYT Asks Judge to Dismiss Trump’s ‘Implausible’ Defamation Suit