Court of Appeal Confirms that Laborers and Materialmen Have Priority over Construction Lenders to Funds Used to Develop the Project
By EsqSocial Corporation 17/02/14
A California Court of Appeal recently ruled that a construction lender must make available to stop notice claimants those amounts which the lender has already disbursed to itself on the construction loan. (Brewer Corp. v. Point Center Financial,...
By: Kronick, Moskovitz, Tiedemann & Girard