Florida National Bank v. 1 Phillips Center, Ltd.

THREADGILL, Judge.

The appellant, Florida National Bank [hereinafter Florida National], plaintiff below, seeks review of a final judgment which denied recovery on a bond substituted by One Phillips Center, Ltd. and Fidelity and Deposit Company of Maryland, defendants below, [hereinafter Phillips and Fidelity], for a mechanic’s lien. The basis of the court’s ruling was that Florida National had not received a valid assignment of the mechanic’s lien. We reverse and remand for further proceedings.

On August 21, 1985, Steger’s Trucking, Inc. [hereinafter Steger’s], a subcontractor, recorded a…