Kerrane Storz Profiled in CTLA’s Trial Talk
Fifteen years ago, when Kerrane Storz opened its doors in Colorado, construction defect legislation was not the hot topic it is today. In 1986, Colorado quietly reduced its statute of repose from 10 years down to 6 years, giving Colorado the distinction of having one of the shortest statutes of repose in the country. In 2001 and then again in 2003, the legislature passed reforms which limited the types of damages homeowners could collect and created a pre-litigation notice of claim process. Additionally, the legislature capped damages under Colorado’s Consumer Protection Act. With each change, the builders declared victory and announced that the changes they wanted to protect the residential construction industry.
Jeff Kerrane & Alex Nelson Named Law Week Colorado’s 2015 Barrister’s Best
Partner's Jeff Kerrane and Alex Nelson made the 2015 Law Week Colorado Barrister's Best List
Colorado’s Construction Professionals in Their Own Words: HB 10-1394 Raised Our Insurance Premiums
In 2010, the construction industry was willing to accept increased insurance premiums in exchange for insurance policies that actually provided coverage for construction defects. Now, the construction industry is trying to use the increased premiums as a justification for enacting laws that make it more difficult for homeowners to hold construction professionals accountable for their own shoddy workmanship. The Builders got what they asked for in 2010 and now they are using their increased insurance premiums as an excuse to take away homeowner rights.