How to Properly Cancel or Discharge a Mechanic’s Lien
Today, I would like to discuss how to properly cancel or discharge a Mechanic’s Lien, which is also sometimes referred to as a Release of Lien Bond. One way to properly cancel or discharge a Mechanic’s Lien is to file a satisfaction of lien — if the lien was...
Bonding Back — a Way of Limiting Your Risk
I wanted to discuss performance and payment bonds where a project is being overseen by a general contractor and that contractor elects to have his subcontractors provide performance and payment bonds as well, which is commonly referred to as bonding back in the...
Form 11 Surety Bond for Temporary Restraining Order or Preliminary Injunction
When seeking a Temporary Restraining Order or a Preliminary Injunction, the United States Court of Federal Claims can require a bond to secure the relief being sought. The Court has a specific bond form that they use which is referred to as Form 11: SURETY BOND FOR...