From a practical business perspective, you can evade disaster, protect your payments from others’ financial shortages, and avoid the pitfalls of another’s bankruptcy—and still end up first—with a bit of knowledge, planning,...more
10/1/2024
/ Commercial Bankruptcy ,
Construction Contracts ,
Construction Industry ,
Construction Project ,
Continuing Legal Education ,
Contract Terms ,
Design Professionals ,
General Contractors ,
Land Developers ,
Lien Priority ,
Liens ,
Pay if Paid ,
Pay When Paid ,
Proof of Claims ,
Property Owners ,
Recordkeeping Requirements ,
Subcontractors ,
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Tenant improvement work is a common source of construction liens. When liens arise out of tenant improvement work, the question is always: does the lien attach to the owner/landlord’s ownership interest in the property, or...more
Construction is a document-intensive industry. Construction disputes are equally document-intensive. Given the critical role of written documentation in preserving and resolving construction claims, it is essential that...more
Garnishment is a tool used by judgment creditors to collect on a judgment owed by the debtor-defendant. Property subject to garnishment includes monetary obligations owed by a third party to the debtor-defendant. In a recent...more