Photo by Michael Goodman for ENR Fraud trial of Derish Wolff, former CEO of design firm Louis Berger, is not likely to start until next spring. By Tudor Van Hampton for ENR Manslaughter trial of James Lomma, the owner of the collapsed tower crane, is delayed until February. Looming high-profile criminal trials involving two construction industry executives are facing new delays.In a Nov. 9 arraignment in U.S. District Court in Newark, N.J., regarding the federal fraud case against former Louis Berger Group CEO Derish Wolff, Judge Garrett E. Brown Jr. granted attorneys' requests for a 60-day continuance, until Jan. 9.
The market is generally healthy and steadily growing, and margins are up for large specialty contractors. Further, advances in design tools and owner demand for collaboration are giving subcontractors a seat at the table early on in projects.