10th Circuit Reverses Verdict In Condo Developer’s Favor, Remands For New Trial

( January 6, 2025, 12:54 PM EST) -- DENVER — The 10th Circuit U.S. Court of Appeals reversed a jury $2.54 million award in favor of a condominium developer and remanded for a new trial after finding that it cannot recover under a builders risk insurance policy for repair costs of a cracked concrete slab that it has not paid and has no obligation to pay....