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Construction company demands payment of mechanic’s lien, despite foreclosure
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Court Report
Thursday, October 23, 2014
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After the developer of a medical office building was unable to complete its project, the construction company was left without payment of two pay applications, totaling $2.2 million. The bank that provided the construction loan foreclosed on the property, and the construction company filed suit, seeking foreclosure of its mechanic’s lien as first priority.
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