Jul 2, 2009

Lienholders Defeat Owner’s Complex Attempt to Preserve Priority

By Glenn Ackerley, Construction Law Letter

Neither a borrower nor a lender be . . . Ontario’s Court of Appeal recently had the chance to consider that question in a construction lien case—Parkland Plumbing v. Minaki Lodge Resort 2002 Inc. et al.—and decided that it spelled trouble for “borrower/lender”.