The Construction Defect Settlement Trust was established as part of the Chapter 11 bankruptcy for a large Nevada-based homebuilder and covers construction defect claims on 2,800 homes.

Project Description

Douglas Wilson Companies (DWC), agent for Trustee, was tasked with providing construction defect claims administration for a Construction Defect Settlement Trust.

Scope of Work

DWC’s primary responsibilities included coordinating with various insurance carriers to ensure successful resolution of all claims, conducting settlement negotiations with various subcontractors and collecting money from the subcontractors once agreements were reached.

Project Resolution

Ongoing.

Project Name

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Client

United States Bankruptcy Court, District of Nevada

Location

Statewide, NV

Service Provided

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    Douglas Wilson Companies was founded in 1989 to provide a wide range of specialized business, workout, and real estate services to law firms, state and federal courts, corporations, partnerships, pension funds, REITs, financial institutions, and property owners throughout the United States.

    ADDRESS

    1620 Fifth Avenue
    Suite 400
    San Diego, California 92101

    PHONE

    (619) 641-1141

    EMAIL

    [email protected]