Credit Tips Blog: Discover the Latest Industry Insights

Amendments to Ontario’s Construction Lien Act go into effect in July 2018 and October 2019. In today’s post we are going to discuss adjudication.

What happens if you comply with Article 9 and take the proper steps to perfect your security interest, only to have the Secretary of State make an error?

In Massachusetts, a project owner promised to pay its subcontractor, so the subcontractor allowed its suit deadline to expire.

Can the resale value of salvaged materials from a demolition site be included in the total contract amount and subsequently be lienable? According to one legal decision, yes.

Ontario’s Construction Lien Act changes go into effect July 1, 2018. Ahead of these changes, Ontario’s legislature has released new regulations to help clarify the changes.

A prevenient arrangement occurs when parties enter “…into an ongoing relationship for the supply of services or materials over time, often at multiple locations.”

Yes, creditors can take a secured interest in a debtor’s liquor license in Pennsylvania, according to one recent Bankruptcy Court decision.

In construction, a pass-through claim is when one party makes a claim on a second party’s behalf. What does it have to do with Severin Doctrine?

Businesses prioritize how, when and which vendors are paid and often pay secured creditors ahead of unsecured creditors. But why?

A supplier’s suit was untimely, because it failed to comply with filing suit within one year from substantial completion of the project.

Here’s everything you didn’t know you should know about securing mechanic’s lien rights on projects in Wyoming.

A construction lien can be invalidated if the lien claimant isn't registered with the Secretary of State or comparable agency.