Best Practices Construction Law
AUGUST 24, 2012
He is the founder of Zlien.com , a national mechanics lien filing and compliance management service. Scott writes the Construction Lien Blog , which analyzes construction lien laws and regulations across the nation. Understand What Type of “Lien” Is Available. I hope you enjoy. + + + + + + + + + + + +.
Help Everybody Everyday
APRIL 29, 2009
2009 is likely to be a year in which many construction liens are filed. These economic times will make mechanic’s liens, bonding and other proactive approaches to collection all the more important. However, you need to be careful in filing your liens, especially in Virginia. Kaled Naser, et. CL07-5431 (Va. Kaled Naser, et.
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Chianelli Estimating
JANUARY 30, 2020
Many times those costs are not recovered, however; they could make the difference in keeping the Builder or Owner solvent or ending up with a failed project or worse yet bankruptcy. Developing a well-planned estimate, including soliciting multiple bid proposals for materials and subcontractor work, will help ensure the estimates accuracy.
Constructonomics
MAY 2, 2014
Of course we fronted large amounts of money for labor and materials that we were now looking to finance because payment was not being made. I also know that the school district won’t dissolve all of a sudden or declare bankruptcy. File a Mechanic’s Lien (if you can). But I would suggest having a lawyer for this.
Autodesk Construction Cloud
FEBRUARY 1, 2024
Late payments and non-payments are, unfortunately, pivotal contributors to declining contractor productivity eventually, in some cases, leading to bankruptcy for many GCs and subcontractors. According to a 2023 subcontractor market report, 73% of subcontractors come out-of-pocket for materials before receiving payment from the GC or owner.
NH Construction Law
MAY 28, 2018
The main advantage of such “trust fund” provisions is in bankruptcy; trust funds are not considered assets of the subcontractor/debtor that can be distributed to general creditors. any principal of the sub signing the lien waiver may also be liable to the general. If the sub falsely swears (it happens!),
Construction Lawyer
APRIL 30, 2012
New York court holds that contractor installing cogeneration system not entitled to a mechanics lien. A New York court has held that a subcontractor who furnished labor and materials for a cogeneration system was not entitled to a mechanics lien. Chapeau filed bankruptcy. mechanics liens. Categories.
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