To provide contractors, subcontractors, materials' suppliers and vendors a legal method of guaranteeing payment for their services on construction projects, state statutes allow them to file liens ...

Liens are creatures of statute and, as such, have been held to be in derogation of common law. The practical effect of the preceding sentence is that lien statutes that allow construction ...

I am often approached by contractors who wish to file a construction lien regarding either a residential or a commercial project. It is not atypical for many of these contractors to believe that ...

Sometimes it can be a challenge for contractors, suppliers and other parties who furnish labor or materials on construction projects to get paid. This is largely due to the credit-heavy nature of ...

Liens represent one of the primary mechanisms by which contractors, subcontractors, and other downstream parties secure payment rights under a construction contract. When utilized properly, filing a ...

This article originally appeared in the December 2023 issue of Security Business magazine. When sharing, don’t forget to mention Security Business magazine on LinkedIn and @SecBusinessMag on Twitter.

Click to share on Facebook (Opens in new window) Click to share on X (Opens in new window) Click to email a link to a friend (Opens in new window) Click to share on LinkedIn (Opens in new window) ...

Wyoming’s mechanic’s lien laws are designed to protect individuals who provide labor or materials for the improvement of existing real property or new construction of real property. The intent is to ...