Griffith Company v. Spondulix
May 16, 2012OUTCOME: After trial win and successful appeal, my contractor client collected 100% principal sum owing, 100% attorneys' fees awarded, 10% pre-judgment interest (for nearly 4 years), and 100% court costs from construction project lender.
Contractor enforced stop payment notice rights against construction project lender that claimed the right to skim all its loan proceeds to pay points, fees, and expenses to itself.
