Residents of Lava, Québec, Canada, are calling on their providence to address the concern over contaminant levels in local rivers and creeks. Ruisseau la Piniere is the largest creek in Laval and is a source of water and food for the wildlife in this Bois Papineau nature park. In 2019, residents began to notice the creek was running grey and recorded 13 different instances where the creek appeared to be grey. There is concern that a nearby quarry may be the cause, the quarry is located a few kilometers upstream from where residents were reporting grey colors in the creek water.
FIRE CAUSES AN ESTIMATED $1.1 MILLION IN DAMAGE AT TALMADGE, SAN DIEGO HOME
A fire started inside a home located on 47th street in the Talmadge neighborhood of San Diego, causing an estimated $1.1 million in property damages. The fire occurred on Monday, March 28th, and displaced four residents. The fire was reported around 3 am and by the time the fire department had arrived, there was smoke and fire coming from the front of the building. The cause of the fire is still under investigation.
GOLD COAST SUBURB HAS APPROXIMATELY $1.4 BILLION IN PROPERTY AT “RISK” FROM COASTAL EROSION
Paradise Point, the Gold Coast suburb of Australia has been identified as having an estimated $1.4 billion worth of property at “risk” of coastal erosion or storm-surge-related damage within the next 30 to 60 years. More than 400 properties have been labeled as "high risk" or "very high risk."
ROUND ROCK TORNADO DAMAGE ESTIMATE NOW UP TO $32 MILLION
On March 29th, weeks after a tornado caused damage to the city of Round Rock, Texas, city leaders have released their official estimates of the damage left behind. Preliminary estimates state that 680 residential properties were damaged at an estimated cost of $32 million. The numbers came from both city officials and members of the Building Officials Association of Texas, which deployed trained and certified personnel to the impacted neighborhoods.
JUDGE ORDERS $13 MILLION JUDGMENT IN FAVOR OF REAL ESTATE TYCOON IN SUIT AGAINST BUSINESS PARTNER
A tentative ruling in favor of Stanley Black was issued on Monday, March 21, in his lawsuit against his 35-year business partner, Robert Barth. After a two-week trial, the judge ordered Robert Barth to pay back Stanley Black $13.4 million. Half of which was considered to be for punitive damages. Howard E. King, Stanley Black's Lawyer, stated that Robert Barth had taken $7 million in corporate opportunities for personal profit. Robert Barth’s lawyer, claimed that they were disappointed with the ruling, stating that the ruling is fraud both factually and legally.
SEATTLE JURY HANDS DOWN $19 MILLION VERDICT AGAINST CONDO TOWER PROJECT
Skanska USA Building was awarded $19.2 million from a King County Superior Court Jury. This compensation was awarded from a breach of contract complaint against the Nexus condo tower developers of downtown Seattle, Washington.
NUVEEN BOND-MARKET COERCION ARGUES OVER DAMAGES
Preston Hollow Capital LLC has filed in court claiming the U.S. bond-market powerhouse Nuveen LLC should pay $628 million for trying to coerce banks into not doing business with its smaller rival. This is the latest news on the three-year-plus legal battle that’s going to trial in state court in Wilmington, Delaware, sometime in July.
Nuveen denied in a separate filing that it had targeted Preston Hollow’s business and argued that it should not be liable to pay any damages. Nuveen is a unit of teachers’ investment group TIAA and the second-largest municipal bond-fund manager. Nuveen’s expert, contends the fund’s damage assessment is based on flawed assumptions and incorrect math. Furthermore arguing that even if jurors were to agree Nuveen harmed Preston Hollow, there’s no basis for awarding the fund more than $305 million, according to court filings.
OCALA TORNADO DAMAGE CLIMBS, EXPERT SAYS
Florida residents conducted storm debris removal across the state for a week after severe weather on the weekend of March 13th and 14th. Personal, commercial, and residential properties were damaged, costing nearly $16 million. Marion County Property Appraiser Jimmy Cowan said an apartment complex in El Dorado had to red tag over 200 units out of 688 units.