A roofing material supplier was paid by a subcontractor with money down the chain from Owner to GC to Subcontractor specifically for stored material and since the Subcontractor didn't specify the project to apply the funds, the supplier applied most of the money to older outstanding amounts due from the Subcontractor. The supplier then filed a "Notice of Intent to File a Lien" on the project for the artificially inflated amount since they only applied a part of those funds to the project....Read More
We did a job for a contractor from Missouri in Cynthiana, Ky. A disagreement with the contractor and owner of the property has held up my final payment of $68,000 dollars. Our contract says the contractor doesn’t have to pay us until he’s paid which is way overdue. Can we sue the contractor for payment ? ...Read More
We work in the eastern half of the US. So I know laws vary by state. But are there any states that don't allow you to file Liens or bond claims on money that is considered retainage? I selected KY because that's where we are but like I said, we work in several states....Read More
I have an LLC in MO and contracted with a large General Contractor also in Missouri to complete a half done project in Louisville, KY. The owner of the Louisville property pre-funded my payroll and materials with cash which was to be paid back as my invoives were paid through the monthly draw process. As the project continued the draws DID NOT process due to the owner not processing them. Therefor I have not paid back the cash advances OR been paid any profits. My time is very shortly running out to file a lien against the property and I'm concerned I could eventually be held responsible to pay back the advances without receiving payment for the invoices from the General Contractor. I signed an agreement upon receiving the cash advances SPECIFICALLY stating the advances to be paid back from the draw received from the General Contractor. My profit at this point represents about $14K. The outstanding invoices total approx. $614K. The cash advances total approx. $600K....I provided labor and materials and my last day on site was 3/24/17. It appears I may be entitled to ask for interest?...Read More