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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. No one thinks to ask whether the contractor has pledged its receivables to secure a loan or line of credit.

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Sports and Construction – Lessons Learned

Construction Law Monitor

When then end of the project rolled around, there would be no substantial competion filed, no adequate demand for payment , no lien filed or any other tool used to secure payment. I encounter this type of company all the time and unfortunately, by time it gets to my desk, there is little or no hope of securing full and final payment.

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New Contractor Business Start Up

Contractor Bookkeeping

General Liability and Auto/rental equipment insurance can help protect you and your company against claims for personal injury and property damage, and may provide you with legal defense of those claims. The customer may also receive the legal defense of a claim because your general liability policy for FREE!

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Unique Tips To Reduce Construction Company Start Up Stress

Contractor Bookkeeping

General Liability and Auto/rental equipment insurance can help protect you and your company against claims for personal injury and property damage, and may provide you with legal defense of those claims. The customer may also receive the legal defense of a claim because your general liability policy for FREE!

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We Reduce Construction Company Start Up Stress

Contractor Bookkeeping

General Liability and Auto/rental equipment insurance can help protect you and your company against claims for personal injury and property damage, and may provide you with legal defense of those claims. The customer may also receive the legal defense of a claim because your general liability policy for FREE!

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constructionattorneyblog: California: No contractual jury waiver

Construction Lawyer

The cases with which he has been involved are varied and wide-ranging and include personal injury, breach of contract, criminal defense, commercial disputes, and consumer fraud. ILLINOIS APPELLATE COURT DEEMS MECHANICS LIEN COUNTERCLAIM UNTIMELY. mechanics liens. TrackBack URL for this entry: [link]. Categories. arbitration.

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How to Get Paid on Texas Public Projects

Levelset

Contractors on public projects aren’t allowed to file mechanics liens when payment problems arise. Instead, public construction projects need to secure a payment bond prior to the start of work. Additionally, performance bonds need to be secured if the contract is in excess of $100,000. The main difference?

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