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« Full $250 Million From ARRA for HUD's Green Retrofit Program Obligated | Main

10/28/2010

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How was it possible for the lender to forclose withouth the contractor's releasing the liens, which should be released upon pymt, either from lender or owner.

If a prime contractor on a large industrial project, unbonded, has a line of credit with the bank secured by contract proceeds, what is the rights of subs and suppliers who think they are protected by the law requiring prime contractors to pass through payments from the owner made thru partial mlonthly payments and payment of retainages?

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