Construction Activity Recedes in February 2012, Putting a Damper on a Hopeful Start to the Year

Despite a previously aggressive outlook from the U.S. Bureau of Labor and Statistics, construction spending fell again for the second straight month in February of 2012.  In the second month of the year, construction spending fell by the largest amount in seven months. Widespread weakness in spending on home building, office construction and government projects […]

Michigan Construction Lien Act Visible Improvements Construed In Favor of Lienors

In past blogs we have highlighted recent case law in Montana and Nevada that permitted priority to construction liens where visible work was performed on a property prior to the issuance of a construction loan. In this blog, we’ll take a look at another State’s rules on priorities of liens where work was performed before […]

Shifting Construction Lender Priorities Can Be A Boon for Lien Claimants

New York is a big state with a lot of property changing hands, a lot of financing moving forward at fast clips, and a lot of paperwork being filed with county clerks. With so much going on, NY predictably created a complex system of laws relating to when, how and where closing papers such as […]

Spring Is Here: Get Your Construction Contracts and Legal Requirements in Order

Spring is here, and so is the rush of construction projects that need warmer temperatures to start (or restart as it were). With the economy giving signs that it is on the upswing, here is hoping that 2012 construction will start off with a bang. If you are a contractor, it is time to start […]