Alabama’s materialman’s lien statute (specifically, Ala. Code § 35-11-211) was intended to provide construction lenders priority over materialmen as to debts relating to construction projects, and this intent was recently...more
11/15/2019
/ AL Supreme Court ,
Appeals ,
Banking Sector ,
Construction Industry ,
Construction Project ,
Debt ,
Debt Collection ,
Debtors ,
Dismissals ,
Federal Pleading Requirements ,
Financial Services Industry ,
General Contractors ,
Lenders ,
Materialman's Lien ,
Mortgage Lenders ,
Mortgage Priority ,
Mortgages ,
Property Owners ,
Subcontractors
Alabama’s materialman’s lien statute (specifically, Ala. Code § 35-11-211) was drafted with the intent of providing construction lenders priority over materialmen as to debts relating to construction projects. This intent was...more
10/23/2019
/ AL Supreme Court ,
Appeals ,
Banking Sector ,
Construction Industry ,
Construction Project ,
Debt ,
Debt Collection ,
Debtors ,
Dismissals ,
Financial Services Industry ,
General Contractors ,
Lenders ,
Materialman's Lien ,
Mortgage Lenders ,
Mortgage Priority ,
Mortgages ,
Promissory Notes ,
Subcontractors