Successful Construction Defect Binding Arbitration

In June of 2010 Rick Righi successfully defended a National Builder in a complex construction defect claim in Pinal County involving 145 homes in a large subdivision. Plaintiffs contended that numerous and significant soils issues and construction defects existed project wide. The written purchase contract between the builder and the homeowners mandated binding arbitration. Sixty of the homeowners invoked their right to individual private arbitration. The homeowners in the first arbitration were awarded only $2000 more than the Builder's cost of repair for the defects and only 5% of the fees and costs Plaintiffs were seeking. The arbitrator split the cost award. This successful arbitration award prompted the settlement of the entire matter under very favorable terms for the Builder.