Viewpoint Lawsuit Gives Teeth to Massachusetts Pay Law Joseph A. Barra August 7, 2024 No Comments A commentary explaining court decision about Graycor's handling of a subcontractor payment.Read More
Finance Will Real Estate Developers Soon Hold Back Even More Payments? Richard Korman Jim Parsons February 15, 2024 No Comments A historic financial reckoning is at hand with office vacancies and interest rates high.Read More
Prompt Payment Plaza Construction Negotiating Pay Settlement for Florida Ritz-Carlton Renovation Scott Van Voorhis July 21, 2020 No Comments Payment request of $7.7M in lien filing covered renovation work on hotel that opened in January.Read More
Pandemic Finance Cashflow and Pay Rise As Key Metrics in Economic Crisis Richard Korman April 29, 2020 No Comments Turner Construction Co. and the architect for the first KidZania children’s amusement center in the U.S., which opened in Frisco, Texas, in November, claim in liens filed early this year that the company owes them more than $8 million.Read More
Prompt Pay Kidzania’s U.S. Debut Involves $8M Lien Filing By Turner Construction Texas amusement center opened last November Richard Korman April 17, 2020 No Comments Architect and subcontractors also filed multi-six-figure liens.Read More
Prompt Pay Lucky Supermarkets Bankruptcy Triggers Over $1M in Liens Against Retail Developer Contractors file numerous claims for pay over Clearwater, Fla. project Jonathan Barnes March 18, 2020 2 Comments Construction of a new Florida store has come to a halt.Read More
Risk Management Subcontractor Places $1.7M Lien on Big Texas Omni Resort Brandt Cos. seeks payment months after expansion and renovation opens Richard Korman February 26, 2020 No Comments Issues are unclear as closeout payment lingers months after a major project is in use.Read More
Prompt-Pay Subcontractors See Upside In Contractor Payment Ratings Should the owner's actions affecting payments to the general contractor be counted? Jonathan Barnes February 20, 2020 No Comments Some responses to the new payment rating system introduced by Levelset.Read More