Unfortunately, the failure rate of construction industry participants is high. This means that the bankruptcy or pending bankruptcy of a contractor is more common than many people may think, and definitely not an unheard-of reason for payment problems….Read More
Mechanics Lien ArticlesRSS feed for this section
A mechanic’s lien is a security interest in the title to property for the benefit of those who have supplied labor or materials that improve the property.
Since P3s are made up of a combination of public and private investments, the legislation can get complicated.
Mechanics lien laws can be complicated and in light of a surge of P3 projects, this has never been more true. What…Read More
No matter what industry you’re a part of, payment is always a concern. This is especially true in the construction industry, where a relatively recent survey found that 0% of parties questioned stated that they…Read More
The Nevada Supreme Court has recently examined quite a few questions regarding the interpretation of mechanics lien laws in that state. Not only has that court clarified the circumstances giving rise to a material supplier’s mechanics lien, and…Read More
A recent case decided by the Nevada Supreme Court sheds some clarifying, and transformative, light on the mechanics lien rights of material suppliers.While mechanics liens generally provide protection to parties who furnish labor or material to construction projects, there…Read More
While parties on construction projects have at least some sort of protection in many places around the world, the mechanics lien is a uniquely American instrument. The mechanics lien has a long history within the United States…Read More
Mechanics liens are powerful instruments to induce payment on construction projects. There are many reasons this is so, but perhaps the most attention grabbing (at least for the owner of the improved property) is that the property may be sold…Read More
Mechanics liens provide security for extensions of labor and/or materials to a construction project. That security can sometimes be decreased, however, by the amount paid to the general contractor by the property owner by some certain date. In…Read More
This guest post comes from friend of the blog, Robert Wise, a construction law attorney in Mississippi (Sharpe & Wise PLLC). Robert was influential in the drafting and passing of Mississippi’s 2014 mechanics…Read More
It’s a fundamental tenant of American public policy that trade contractors and suppliers should be paid for their work, and should not be the parties required to bear the financial risk of construction projects. This belief that people should be paid…Read More