Smith Mechanical Contractors, Inc. v. Premier Hotel Development Group

OPINION

D. MICHAEL SWINEY, J„

delivered the opinion of the court,

in which CHARLES D. SUSANO, JR., and SHARON G. LEE, JJ., joined.

This appeal involves the construction of a hotel in Johnson City, Tennessee. During construction, the general contractor, Barker Building Company, Inc., (“Barker Building”) agreed to subordinate its lien rights to a deed of trust to be filed by First Tennessee Bank (the “Bank”) related to the Bank’s loaning of funds which allegedly were represented to Barker Building as being sufficient to complete construction of the hotel. In reliance on the alleged representation…