10th Circuit Rejects Condo Developer’s Petion For Panel Rehearing

( February 18, 2025, 8:53 AM EST) -- DENVER — The 10th Circuit U.S. Court of Appeals denied a condominium developer’s petition seeking a panel rehearing of the court’s grant of a new trial following its reversal of a $2.54 million jury award in favor of the developer after finding that the developer 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....