Perspective
Dec. 27, 2012
Revised law is new paint job for construction remedies
If the sudden 2008 credit crunch can be likened to an earthquake, then the following flood of mechanics lien and stop payment notice litigation was its aftershock. By William 'Fritz' Pahland
If the sudden 2008 credit crunch can be likened to an earthquake, then the following flood of mechanics lien and stop payment notice litigation was its aftershock. Developers finding themselves insolvent and in loan default could not pay their contractors. Unable to collect from developers, contractors turned to filing mechanics lien and stop payment notice lawsuits.
Just when attorneys and judges were growing familia...
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