16Jul
Understanding Mechanic’s Liens and Arbitration Provisions
As construction companies continue to operate under the stresses of the COVID-19 pandemic and social unrest, projects are starting and stopping as a result. These interrupted schedules, along with our overall disrupted economy, can increase the risk of non-payment. What should you do if there is an arbitration provision in your contract but you want to file a mechanic’s lien to protect your payment rights? First, it is useful to understand the different roles of an arbitration dispute resolution...
By:
Faegre Drinker Biddle & Reath LLP
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