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866 S.E.2d 577
S.C.
2021
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Background

  • HOA sued multiple defendants, including Bostic Brothers Construction, for construction defects in waterfront townhomes at Lake Keowee; a two-week trial resulted in plaintiff verdicts against several defendants.
  • Bostic appealed; the Court of Appeals issued two published opinions (Stoneledge I and II), affirming in part and reversing in part.
  • This Supreme Court case reviews the Court of Appeals' Stoneledge II decision, focusing primarily on Bostic's statute-of-limitations challenge and related remedies issues.
  • Bostic argued it was entitled to a directed verdict because the three-year limitations period had expired; the HOA relied on the discovery rule (S.C. Code §15-3-535) to oppose that defense.
  • The Supreme Court affirmed the Court of Appeals: whether the limitations period had run raised a jury question under the discovery rule; Bostic had not preserved a jury instruction but had sought a directed verdict.
  • The Court also addressed verdict enhancements and setoff issues in conjunction with a companion opinion, remanding with recalculated judgments: negligence $858,066.17 and breach of warranty $85,806.62 (exclusive of settlements received during the appeal).

Issues

Issue Plaintiff's Argument Defendant's Argument Held
Whether the three-year statute of limitations barred HOA's claim against Bostic Discovery rule delayed accrual so claim was timely Limitations expired before suit; Bostic entitled to directed verdict Affirmed Court of Appeals: fact issue for jury under discovery rule; directed verdict not warranted
Whether trial court properly increased three verdicts to $5,000,000 each Enhanced awards were supported Increase was improper Court of Appeals reversal of $5M enhancements affirmed
Whether prior settlements should be set off against HOA's recovery Opposed or sought different setoff treatment Setoff should reduce judgment Setoff correctly applied to breach of warranty award (affirmed)
Whether final judgment calculations were correct Trial court calculations correct Court of Appeals miscalculated some amounts Reversed Court of Appeals' final-judgment calculation; remanded with specified judgment amounts against Bostic

Key Cases Cited

  • Stoneledge at Lake Keowee Owners' Ass'n, Inc. v. IMK Dev. Co., LLC, 425 S.C. 276 (Ct. App. 2018) (Court of Appeals decision reviewed in companion opinion)
  • Stoneledge at Lake Keowee Owners' Ass'n, Inc. v. IMK Dev. Co., LLC, 425 S.C. 268 (Ct. App. 2018) (Court of Appeals decision under review on statute-of-limitations issue)
  • Futch v. McAllister Towing of Georgetown, Inc., 335 S.C. 598 (1999) (holding appellate courts need not address remaining issues when disposition of a prior issue is dispositive)
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Case Details

Case Name: Stoneledge at Lake Keowee v. IMK Development Co., LLC
Court Name: Supreme Court of South Carolina
Date Published: Dec 8, 2021
Citations: 866 S.E.2d 577; 435 S.C. 176; 2019-000041
Docket Number: 2019-000041
Court Abbreviation: S.C.
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    Stoneledge at Lake Keowee v. IMK Development Co., LLC, 866 S.E.2d 577