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#130:  Secured Lenders' Rights to Construction Contract Payments

NH Construction Law

It happens this way: A contractor or subcontractor borrows money from a lender, and as security for the loan it gives the lender an assignment of or lien on its receivables and contract rights. Reading Cooperative Bank v. Any subsequent square-up was between lender and borrower, and not the account debtor’s concern.

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constructionattorneyblog: Subcontractor's Mechanics lien allowed.

Construction Lawyer

His book, Legal Guide to AIA Documents, published by Aspen Publishing, is in its fifth edition. The information provided here is not intended to be a solicitation for legal services, nor does it constitute legal advice. A Legally Inclined Weblog. >. Subcontractors Mechanics lien allowed where bank seized generals funds.

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Idle Equipment not entitled to Lien in Missouri

Construction Lawyer

His book, Legal Guide to AIA Documents, published by Aspen Publishing, is in its fifth edition. The information provided here is not intended to be a solicitation for legal services, nor does it constitute legal advice. A Legally Inclined Weblog. >. Idle Equipment not entitled to Lien in Missouri. 3d 489 (Mo.App.

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constructionattorneyblog: ILLINOIS APPELLATE COURT DEEMS.

Construction Lawyer

His book, Legal Guide to AIA Documents, published by Aspen Publishing, is in its fifth edition. The information provided here is not intended to be a solicitation for legal services, nor does it constitute legal advice. A Legally Inclined Weblog. >. ILLINOIS APPELLATE COURT DEEMS MECHANICS LIEN COUNTERCLAIM UNTIMELY.

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constructionattorneyblog: Waivers of liens: fraud

Construction Lawyer

His book, Legal Guide to AIA Documents, published by Aspen Publishing, is in its fifth edition. The information provided here is not intended to be a solicitation for legal services, nor does it constitute legal advice. A Legally Inclined Weblog. >. Waivers of liens: fraud. mechanics liens. Categories.

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Unique Tips To Reduce Construction Company Start Up Stress

Contractor Bookkeeping

Go To Your Bank - And they offer you a line of credit. Use Credit Cards - And supplier accounts to finance your new business and be very careful about what you buy. Bank Accounts - Set up two bank accounts in your company name. It is a must have to borrow money from a bank. You say O.K. You say O.K.

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Commercial Debt Collection – How Do I Collect When A Company Owes Me Money?

Construction Law Monitor

The legal and business world assume that the B2B relationship and players are more sophisticated. Most business think that when an account is overdue, then they call up a debt collection agency and the debt will be collected or its deemed bad debt. Further, the attorney can garnish banking and physical assets of the business.

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