Neither a borrower nor a lender be . . . Ontario’s Court of Appeal recently had the chance to consider that question in a construction lien caseParkland Plumbing v. Minaki Lodge Resort 2002 Inc. et al.and decided that it spelled trouble for “borrower/lender”.
Jul 2, 2009
Lienholders Defeat Owner’s Complex Attempt to Preserve Priority
By Glenn Ackerley Construction Law Letter