2017 Western Region Credit-Con

October 11, 2017 at 1:00pm4:30pm (PDT)
Embassy Suites - San Diego

    Construction Industry Day  -   Wednesday October 11, 2017 1:00 pm - 4:30 pm

    Chris Ring - National Sales Representative for NACM’s Secured Transaction Services
    Mikel R. Bistrow - Partner with Dinsmore & Shohl LLP
    Christopher Celentino - Partner with Dinsmore & Shohl LLP

    Is an understanding of Mechanic’s Lien Laws, Stop Notices, Payment Bonds and Preliminary Notices important to you? Do you understand the basics but need to learn about more complex issues that arise with respect to works of improvement? Is your company located outside of California but working on or supplying materials to California construction projects? Is your California-based business involved with construction projects outside of California? If the answer to any if these questions is yes, then this seminar is for you!

    This program will provide a refresher on the basics and also address more complex issues covering:

    • History of the Mechanic’s Lien
    • Mechanic’s Lien Laws and Related Remedies
    • Stop Notices and Payment Bonds
    • Bond Releases on Mechanic’s Liens and Stop Notices and Bond Claims
    • Effect of Bankruptcy Filings on Perfection and Enforcement of Mechanic’s Lien Related Remedies
    • Lien Rights are State Specific
    • Construction Credit is Unique
    • Reduce Risk/Sell More
    • Assessing Risk up and down the ladder of supply
    • Collateralizing the receivable
    • Lien rights defined
    • DBE Contractors – Assessing risk
    • Job Information – who gathers and why
    • Preliminary Notices – How Sales and Customer view them – Why you need to send them
    • Verifying Job information
    • Full Price vs. Unpaid Balance Lien States
    • Joint checks
    • Private vs. Public Construction
    • Miller Act Claims on Federal Projects and Claims on State Public Project
    • Construction Projects on Indian Tribal Lands
    • Why is public different – Longer payment Cycle
    • Wrap up – Q&A