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Home / News / News Story / Seeking perfection: Can a subcontractor protect its lien rights after its general contractor files bankruptcy? (access required)

Seeking perfection: Can a subcontractor protect its lien rights after its general contractor files bankruptcy? (access required)

North Carolina law has long protected the right of subcontractors to payment for the labor and materials provided to a project by granting them the right to place a lien upon funds owed to their upper-tier contractors on that project. Indeed, subcontractors' liens upon funds are entitled to super-priority they defeat even prior perfected secured ...

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