Sovereign Bank v. Silverline Holdings Corp.

The opinion of the court was delivered by

PAYNE, J.A.D.

Defendant Dellanno Construction, Inc., a construction lien holder, appeals from an order of summary judgment in favor of plaintiff Sovereign Bank that had the effect of determining that Sovereign’s first-filed mortgages had priority over liens recorded thereafter by construction hen holders. At issue is the proper construction of the priority provisions of New Jersey’s Construction Lien Law, N.J.S.A. 2A:44A-1 to -38.

We summarize the facts of this matter as fohows: Defendant Silverhne Holdings Corp. was the developer of property located in…