LA JOLLA, CA-A construction defect lawsuit has ended in an $18 million settlement against the British Columbia-based developer of the Pacific Regent La Jolla condominium complex and its subcontractors.

McGregor & Garrie LLP represented the condo association in the lawsuit against the Pennyfarthing Development Corp., Van Maren Construction Group, and The Fountains, a Tucson-based company that operates the condominium tower. The three firms are the largest of more than two dozen entities named in the lawsuit.

According to court documents, the 148-unit, 22-story tower was damaged by leaking water. The project used a siding material that–unlike standard construction stucco–allowed moisture to leak in through windows, balconies and sliding glass doors, according to the law firm. With adequate drainage, the moisture caused mold and corrosion.

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