EklecCo v. Iron Workers Locals 40, 361, & 417 Union Security Funds
Court of Appeals for the Second Circuit
1Opinion of the Court
JACOBS, Circuit Judge:
Following a dispute in which a real estate developer (EklecCo) fired its building contractor (U.S. Bridge of New York, Inc.), the contractor placed a $13 million mechanic’s *355lien on the building premises, defaulted on its obligations to a group of union security funds (“the Funds”), and cured its default in whole or part by assigning to the Funds $1.75 million of its lien. The Funds thereupon filed a new $1,878,866.79 mechanic’s lien against the premises under section 3 of the New York Lien Law, which authorizes mechanic’s liens to recover money owed for labor in…
2Cases cited12 opinions
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- New York State Conference of Blue Cross & Blue Shield Plans v. Travelers InsuranceSupreme Court of the United States · 1995
- Massachusetts v. MorashSupreme Court of the United States · 1989
- Lopresti v. TerwilligerCourt of Appeals for the Second Circuit · 1997
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3Cited by1 opinion
- 23 Employee Benefits Cas. 1165, Pens. Plan Guide (Cch) P 23952c Eklecco, a New York Partnership v. Iron Workers Locals 40, 361, & 417 Union Security FundsCourt of Appeals for the Second Circuit · 1999