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MADISON - ST. CLAIR RECORD

Friday, March 29, 2024

Real estate company sues over property damage

EDWARDSVILLE – An Illinois real estate management company is suing a construction company after one of its properties was damaged. 

   

Belle Street Properties LLC filed the lawsuit March 10 in Madison County Circuit Court against Scottsdale Insurance Company of Arizona and Krueger New Home and Remodeling Inc. of Alton, alleging negligence.

 

According to the complaint, Belle Street owned property at 314-316 Belle St. in Alton, that was undergoing demolition, renovation and construction work by Krueger. The suit says the property was covered by a builders risk policy, issued Feb. 23, 2015, by Scottsdale Insurance.

On March 19, 2015, the lawsuit states, the property was permanently damaged when an agent of Krueger was working on it and supporting walls moved, causing significant damage to the structure.

The plaintiff says Krueger was negligent for failing to take proper precautions while working on the foundation of the structure.

Belle Street made a claim under the insurance policy but, according to the complaint, Scottsdale refuses to pay. The plaintiff considers the defendant in breach and violation of the terms of the policy.

From the insurance company, Belle Street Properties seeks no less than $50,000, plus statutory exemplary damages of 60 percent of its recovery, the cost of demolition of the structure or the cost to preserve it so as not to cause damage, attorney fees and court costs, and any other relief the court deems equitable. From the construction company, Belle Street seeks no less than $50,000, court costs and other relief the court deems equitable.

The plaintiff is represented by attorney David W. Dugan of David W. Dugan PC in East Alton.

Madison County Circuit Court case number 16-L-326

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