Monthly Archives: November 2018

Mechanic’s Lien Trust Fund Statute – Franklin Drilling v. Lawrence Construction

Colorado law requires contractors to hold funds in trust for the payment of subcontractors, laborers, or material suppliers who have furnished services connected to a construction project or who may have a lien against the property. C.R.S. § 38-22-127(1). This Mechanic’s Lien Trust Fund statute requires contractors to maintain separate accounting for each project and…

Are Developers successfully avoiding construction defect liability?

Anyone driving around downtown Denver can see the multiple cranes dotting the skyline. Construction is booming in Colorado as people are moving to this beautiful state. Rents are increasing and opportunities to purchase starter homes are dwindling. As luxury apartments continue being developed throughout the metro area, some argue there is a shortage of affordable…