The Five Ws of Mechanic’s Lien Filing That Everyone Should Know
If you’re in the construction business, you’ve more than likely come across a Mechanic’s Lien or Materialmen’s Lien. This can be a useful tool to help protect a builder or contractor’s interest in the project they are developing. If you get to a point in a project where a party hasn’t paid for labor or […]
Business Debt Collections: How an Attorney Can Help You
As a business owner, you have most likely encountered customers/clients who have failed to pay for products, labor, and/or services that you provided for their benefit. You may have also experienced the difficulties involved in collecting those outstanding debts yourself. The insecurity caused by not knowing the collection measures you are legally allowed to utilize […]
Everything You Need to Know About 85(R) HB 3065
Construction industry professionals may or may not be aware that there is currently a bill pending in committee in the Texas House of Representatives that would completely overhaul the mechanic’s and material man’s lien process in Texas. Those who are aware may be asking themselves and their colleagues whether they should give this bill their […]
5 Questions to Help You Understand the Basics of Mechanic’s Liens
Mechanic’s liens exist to protect the rights of construction professionals and to help ensure they are properly compensated for work or materials they have provided. While the purpose liens serve is beneficial, maneuvering through the process in Texas can be complicated and tricky.
Payment of Construction Subcontractors – Chapter 56 of the Texas Business & Commerce Code
A “Pay-when-Paid” clause is not covered under Chapter 56, as Chapter 56 “does not affect provisions that affect the timing of a payment…if the payment is to be made within a reasonable period.” It merely creates a future event as a convenient time for payment; but still requires the general contractor to pay the subcontractor. In other words, in most cases a “Pay-when-Paid” clause is enforceable.