Wilmington Trust Company v. Branmar, Inc.

BIFFERATO, Judge:

Plaintiff brings this action for the collection of a contract debt and for the entry of a mechanics’ lien on the basis of the alleged debt. The debt is alleged to be owing under the terms of an Escrow Agreement executed by plaintiff Wilmington Trust Company, by defendant Branmar, Inc. (“Branmar”), and by defendant-escrowee Arthur J. Sullivan. Defendant Branmar operates a shopping center on property which it leases from the fee owners. The Escrow Agreement was entered in conjunction with a plan under which plaintiff was to open a branch bank in the shopping center.

The Escrow…