Course Description
Don't be caught off guard - get the expert training you need to successfully exercise your lien rights.
Handling construction payment disputes in Maryland can be successful when armed with the necessary legal and practical knowledge. Find out how to efficiently collect payment for your labor or materials. Successfully manage even the most complex and costly situations.
Join our panel of experienced local professionals, as they guide you through the strategies for tackling lien and bond issues in any project. Understand the complex law governing the priority of liens and payments, and protect your bottom-line with enforcement and collection strategies. Don't wait - register today.
Who should attend?
This seminar is designed for attorneys, presidents, vice
presidents, owners, accountants, credit managers, lenders, controllers,
construction managers, project managers, office managers, engineers,
architects, contractors and subcontractors.
Benefits for You
- Correctly identify what property is subject to a lien and who is entitled to recover payment
- Understand the law regarding various claims on property
- Take advantage of useful remedies for collection of payment - such as the Prompt Payment Act
- File, perfect and preserve both liens and bond claims in public and private works
Learning Objectives
- You will be able to discuss considerations regarding payment issues.
- You will be able to describe different types of claims on private, state and federal projects.
- You will be able to explain how to pursue a bond claim.
- You will be able to identify mechanics lien law in Maryland.
Agenda
8:00 AM - 8:30 AM |
Registration |
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8:30 AM - 8:40 AM |
Overview |
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— J. Snowden Stanley, Jr. |
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8:40 AM - 9:00 AM |
General Considerations Regarding Payment Issues |
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— J. Snowden Stanley, Jr. |
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- Actions in Court
- Alternatives to Filing Suit: Arbitration, Mediation, etc.
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9:00 AM - 9:20 AM |
Contract Payment Clauses |
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— J. Snowden Stanley, Jr. |
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- Pay-When-Paid Clauses
- Pay-If-Paid Clauses
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9:20 AM - 9:40 AM |
Maryland Prompt Payment Act |
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— J. Snowden Stanley, Jr. |
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- What Kinds of Contracts Are Covered?
- Who May Assert Claims Under the Act?
- Remedies Provided by the Act
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9:40 AM - 10:00 AM |
Maryland Construction Trust Law |
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— J. Snowden Stanley, Jr. |
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- How the Statute Works
- Contracts Covered by the Law
- Effect of the Construction Trust Law
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10:00 AM - 10:10 AM |
Break |
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10:10 AM - 10:20 AM |
Surety Bonds – Introduction |
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— J. Mitchell Kearney, Esq. |
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10:20 AM - 11:30 AM |
Bond Claims on Private and State Projects |
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— J. Mitchell Kearney, Esq. |
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- Bond Claims on Privately Owned Projects
- Bond Claims on Projects Owned by State or Local Government – Little Miller Act
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11:30 AM - 12:00 PM |
Bond Claims on Federal Projects |
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— J. Mitchell Kearney, Esq. |
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12:00 PM - 1:00 PM |
Lunch (On Your Own) |
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1:00 PM - 1:40 PM |
Pursuing a Bond Claim |
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— J. Mitchell Kearney, Esq. |
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- What Claims Are Reimbursable?
- Who May Assert Claims?
- When Must Claims Be Asserted?
- Lawsuits to Enforce Bond Claims
- Arbitration or Other Dispute Resolution Procedures
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1:40 PM - 2:50 PM |
Maryland Mechanics Lien Law |
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— Thomas A. Baker, Esq. |
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- People and Work Covered
- Techniques for Preserving Rights to Assert Lien Claims
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2:50 PM - 3:00 PM |
Break |
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3:00 PM - 4:30 PM |
Maryland Mechanics Lien Law (Continued) |
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— Thomas A. Baker, Esq. |
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- Procedures for Filing Suit
- Recovery of Funds
- Protection for Owner
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