article thumbnail

constructionattorneyblog: New York court holds that contractor.

Construction Lawyer

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.

article thumbnail

constructionattorneyblog: Waivers of liens: fraud

Construction Lawyer

New York allows contractual indemnification » September 22, 2005. Waivers of liens: fraud. The Bankruptcy Court for the Northern District of Illinois recently ruled that a contractor who falsified waivers of lien engaged in fraudulent conduct and his debt to the bank was non-dischargeable. mechanics liens.

Lien 40
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

Eligible 504 loan uses include the purchase of land, existing buildings, new construction and the acquisition of machinery and equipment with a 10-year useful life. The private sector participant finances 50 percent of the project cost and takes a first lien on assets pledged as collateral.

Income 75
article thumbnail

State by State Incentives Guide

Buisness Facilities Contributed Content

The average wage of the new jobs must equal or exceed 90% of the county average wage (as published by DED), and the company must offer health insurance and pay at least 50% of the premium for all full time employees in MO. The maximum award is a $50,000 grant.

Income 108