Tag: lien waivers
Trust vs. Best Practices: the Dangers Posed by Lien Waivers
David A. Eisenberg – October 10, 2013 Every contractor has done it — signed a lien waiver prior to receiving payment — fully expecting to be paid. You have always been paid and it has never been an issue. But is it a safe practice? To understand the risk of this common practice, it is… Continue reading Trust vs. Best Practices: the Dangers Posed by Lien Waivers
Construction Law Alert: Lien Waivers Sink Bond Claim
If you’re not being paid, then don’t provide lien waivers saying that you are. That’s the clear lesson in a recent case, J.H. Larson Electrical Company v. Rochon Corporation. In J.H. Larson, the Minnesota Court of Appeals rejected the bond claim of an electrical subcontractor’s supplier because the general contractor had relied upon full lien… Continue reading Construction Law Alert: Lien Waivers Sink Bond Claim