The New Priority Rules

Posted in Construction Law by Leave a comment

For a long time, priority of a mechanic’s lien was determined by the date first visible onsite improvements were made by someone working on the construction project. If this work commenced prior to other encumbrances on the property, such as a trust deed for a construction loan, all mechanic’s liens would have priority over that Read More

Bankruptcy Updates

Posted in Commercial Litigation, Real Estate Law by Leave a comment

September 14, 2011 A survey recently released by the Institute for Financial Literacy bankruptcies filed by consumers with college degrees were up 20% and bankruptcies filed by consumers earning over $60,000.00 increased by over 66%. According to Leslie E. Linfield, executive director and founder of the South Portland, Maine-based Institute for Financial Literacy, “The Great Read More