We published a new article last week on the US Building Digest publication titled “Three Legal Tools to Reduce Your Days Sales Outstanding and Bad Debt.” The US Building Digest publication is one of the construction industry’s first online video magazines offering comprehensive content on all facets of the building and construction industry, and Scott [...]
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The Z Team: Scott Wolfe Jr Contributing To US Building Digest on Mechanic Liens
Scott Wolfe Jr is now a contributing blogger to US Building Digest, one of the construction industry’s first online video magazines offering comprehensive content on all facets of the building and construction industry. Scott will be contributing posts on construction law topics, including a focus on how security instruments and mechanics lien claims can solve [...]
Credit Management: How Did Your Books Look Last Year? This Year?
We’ve now turned the page into the year 2013. How well did your company’s credit management plans mitigate your risk and allow you to take on the necessary about of business? Just one year ago many sat at their desks to review the prior year’s financial successes and failures, lamenting at any lost money and [...]
Suppliers to Suppliers Mechanics Lien & Bond Rights
A previous article on our blog indicated that “Suppliers to Suppliers rarely catch a break” with respect to mechanics lien and bond claim laws. The reason here is because most private and public statutes prohibit suppliers to suppliers from filing a mechanics lien or bond claim. It’s important to not only announce this information in [...]
Joint Check Agreements: The Joint Check Rule Can Limit A Material Suppliers Claim For Further Payment – Accept Joint Checks With Caution
Joint check agreements and joint checks are looked upon quite favorably in the construction industry, and for good reason. While joint checks can be issued in any transaction they are most commonly used in the construction industry, and they usually come along to help guarantee payment or get payment to lower tiered subcontractors or suppliers [...]
Challenges of Calculating Mechanics Lien Deadlines For On-Going Work
Calculating mechanics lien deadlines should be straight forward…You start with your last day of furnishing or the completion date for the project (as the case may be), and you count the required number of days and land on your deadline. Easy, right? If you’re a reader of this blog you know that this isn’t ever [...]
Confronting The Perils of Chasing Out-Of-State Construction Work
Through the years, I’ve consulted with many companies who worked exclusively in a particular state or small region, and accordingly, knew the laws and landscape of that region reasonably well. However, when these companies eye other states or regions to expand their business, the complications of legal variances between those states should stand out as [...]
High Debt Ratios In Building Supply Industry Means High Risk – Can You Control The Risk?
Anyone in the building materials and supply industry knows that managing credit and debt is one of the company’s primary challenges. This is no industry secret, either. An enourmous amoutn of materials are furnished to projects and contractors on credit, and as a result, the industry has one of the highest debt ratios (behind only [...]
How To Secure Your Risk When Shipping Materials On Credit
Zlien is an Associate Member of the Construction Financial Management Association (CFMA), and a controller for a material supply company recently posed a question to that organization’s LinkedIn Group, inquiring about how others in the group mitigate their risk when supplying materials on credit. There were 4 or 5 responses to the question, and these [...]
Preparing A Mechanics Lien Claims Against City Construction Projects in New Orleans
This afternoon I came across an article from one of my favorite publications, published in my hometown: New Orleans City Business. The article is titled “Community Projects Highlight City’s Construction List,” and it predicts that “the summer months in New Orleans will be marked with a spate of public construction projects.” Specifically, between May 29th [...]
Suppliers to Suppliers Rarely Catch A Break In Mechanics Lien Laws
Earlier this year we wrote about Suppliers to Suppliers and how they are rarely qualified to file a mechanics lien. This week, an unpublished decision from the Indiana Court of Appeals demonstrated just how difficult it is for these parties to get lien protection. In Indiana, there are two statutes available to construction participants, their [...]
Columnists
Scott Wolfe Jr., JD
CEO of Zlien, and a licensed attorney in six states, he's experienced in construction & corporate credit management laws....Read More
Nate Budde, JD
Zlien's Chief Legal Mind and licensed attorney. Nate is a Stanford & Tulane Grad, a Jeopardy! alumni and more....Read More
Seth Smiley, JD
Construction attorney in California & Louisiana, Seth is an experienced construction litigator and Zlien's COO....Read More
Funding Gates
The world's first CRM for receivables management.Read More
Gretchen Lynn
Operations Genius at Zlien - She writes all the fun stuff here.Read More
Jason Bull
Zlien's Research Giant - He shares tips and info on how to confirm project, surety or construction party data.Read More
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