Posted March 11, 2015 on behalf of the firm
The recent Great Recession continues to produce decisions by Arizona courts. In January, the Arizona Supreme Court held that Arizona’s anti-deficiency statute does not protect borrowers that default if the home was never built. In BMO Harris Bank v. Wildwood Creek Ranch, LLC, the Court held that protections under ARS § 33-814(G) against deficiency judgments… Read more
Posted September 8, 2014 on behalf of the firm
I was perusing the latest Phoenix Business Journal over the weekend and came accross the list of new contractor licensees published by the Arizona Registrar of Contractors. There are basic things to look out for that can trip up the unsuspecting new contractors — and even those old grizzled contractors. So here is my Top Ten List… Read more
Posted September 7, 2014 on behalf of the firm
What is equitable subrogation, you ask? Something that lenders fret about, and contractors have to deal with sometimes when they don’t get paid. It’s nerdy lawyer stuff, really. And the Arizona Supreme Court issued an opinion that really didn’t make it any easier to understand. The case was brought by Weitz Company against the unit… Read more
Posted August 26, 2014 on behalf of the firm
I just returned from an Arizona Builders Alliance Legal Council Meeting. Several lawyers discussed the Registrar’s war on contractors for minor infractions, including those that overlook a lapsed license bond and those that don’t have their license numbers displayed on every email and each page of their websites. All Arizona contractors should always make sure… Read more