{"id":417,"date":"2024-06-18T00:00:00","date_gmt":"2024-06-17T23:00:00","guid":{"rendered":"https:\/\/fenchurchlaw.hostingsystems.co.uk\/uk\/blog\/2024\/06\/18\/webinar-the-worlds-first-leg3-court-decision-what-it-means-for-the-car-market\/"},"modified":"2024-08-21T16:34:10","modified_gmt":"2024-08-21T15:34:10","slug":"webinar-the-worlds-first-leg3-court-decision-what-it-means-for-the-car-market","status":"publish","type":"post","link":"https:\/\/fenchurchlaw.com\/en-uk\/webinar-the-worlds-first-leg3-court-decision-what-it-means-for-the-car-market\/","title":{"rendered":"Webinar &#8211; The world\u2019s first LEG3 court decision &#038; what it means for the CAR market"},"content":{"rendered":"<p>&nbsp;<\/p>\n<p><iframe title=\"Webinar -  The world\u2019s first LEG3 court decision &amp; what it means for the CAR market\" src=\"https:\/\/player.vimeo.com\/video\/957127806?dnt=1&amp;app_id=122963\" width=\"840\" height=\"451\" frameborder=\"0\" allow=\"autoplay; fullscreen; picture-in-picture; clipboard-write\"><\/iframe><\/p>\n<p><strong>Agenda<\/strong><\/p>\n<p class=\"first\">A Court in the USA has delivered the world\u2019s first legal decision on the most generous of the three London Engineering Group (LEG) clauses related to defect exclusions, LEG3, in the case of South Capitol Bridgebuilders v Lexington Insurance Company. The fact that the Construction All Risks (CAR) market (otherwise known as the Builders\u2019 Risk market) has been waiting for a LEG3 decision for this long means that SCB v Lexington was always going to receive a lot of attention. However, the unrestrained and intemperate language used by the Judge means that there is a risk that the decision will create more heat than light, and has the potential to lead to a reaction by CAR insurers which could negatively affect the interests of policyholders. This case study therefore attempts to take a step back from the eye-catching language used by the Judge in SCB, and to discuss what the future for LEG3 might look like.<\/p>\n<p>Senior Partner, <a href=\"https:\/\/www.fenchurchlaw.co.uk\/people\/david-pryce\/\">David Pryce<\/a> is joined by David B. Goodman from Goodman Law Group | Chicago, the firm that represented South Capitol Bridgebuilders.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; Agenda A Court in the USA has delivered the world\u2019s first legal decision on the most generous of the [&hellip;]<\/p>\n","protected":false},"author":71,"featured_media":418,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[343,344],"tags":[247],"class_list":["post-417","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-events","category-webinars","tag-construction-risks"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Webinar - The world\u2019s first LEG3 court decision &amp; what it means for the CAR market - Fenchurch Law UK<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fenchurchlaw.com\/en-uk\/webinar-the-worlds-first-leg3-court-decision-what-it-means-for-the-car-market\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Webinar - The world\u2019s first LEG3 court decision &amp; what it means for the CAR market - Fenchurch Law UK\" \/>\n<meta property=\"og:description\" content=\"&nbsp; Agenda A Court in the USA has delivered the world\u2019s first legal decision on the most generous of the [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/fenchurchlaw.com\/en-uk\/webinar-the-worlds-first-leg3-court-decision-what-it-means-for-the-car-market\/\" \/>\n<meta property=\"og:site_name\" content=\"Fenchurch Law UK\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-17T23:00:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-08-21T15:34:10+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/fenchurchlaw.com\/en-uk\/wp-content\/uploads\/sites\/6\/2024\/08\/shutterstock_2131540765-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"667\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"David Pryce\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"David Pryce\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/fenchurchlaw.com\\\/en-uk\\\/webinar-the-worlds-first-leg3-court-decision-what-it-means-for-the-car-market\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/fenchurchlaw.com\\\/en-uk\\\/webinar-the-worlds-first-leg3-court-decision-what-it-means-for-the-car-market\\\/\"},\"author\":{\"name\":\"David Pryce\",\"@id\":\"https:\\\/\\\/fenchurchlaw.com\\\/en-uk\\\/#\\\/schema\\\/person\\\/89178f72496256297aa131c2b2e4c0f5\"},\"headline\":\"Webinar &#8211; 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