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Recovered Full Amount of Mechanic’s Lien

Legal research revealed that our client had no right to pursue a mechanics’ lien. Client’s customer had lien rights, but no resources or desire to file suit to foreclose its mechanics lien. We arranged for the client’s customer to assign its claim and lien to our client. Soon after we filed suit to foreclose on that (assigned) lien, the owner paid client’s full claim in exchange for a complete release of the lien. Our client’s customer is also pleased, because it avoided any liability to client for the underlying claim.

Counsel: P. Randolph Finch Jr. and Jon F. Gauthier

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