Publication

Legal Alert – Nevada Supreme Court Clarifies Lender v. Mechanics’ Lien Priority Disputes

Nov 13, 2012

by Leon F. Mead II, Laura Ellen Browning and Alison Tashima

On October 25, 2012, the Nevada Supreme Court, in a case of first impression, held that equitable subrogation cannot be used as a method to repair broken priority over mechanics' liens, but left the door open to the potential for a contractual subordination alternative in its decision In re: Fontainebleau Las Vegas Holdings, LLC, 128 Nev. Adv. Op. 53 (Oct. 25, 2012).
 

[Read the full alert.]

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