The Good, the Bad, and the Ugly -- Recent Changes to Texas Lien Laws from Owner/Developer/Lender Perspectives

Speakers: Michelle Rieger and Robert Bass | 5:00pm – 6:00pm CST

05.24.22

An overview of the Texas lien laws from the perspective of owner/developers and their lenders in light of the most recent (2021) legislative changes. The presentation will address a series of typical questions from developer/lender clients when faced with the practical issues arising from Texas lien laws – with an emphasis on how the recent legislative changes have changed the legal landscape. For example, what were the main changes to the Texas lien laws in the 2021 legislation (and what changes simplified the lien laws and what changes only made matters worse)? How does retainage withheld by an owner from the contractor actually protect the owner and its property from lien claims (what are the actual requirements for such retainage and what happens if those requirements are not met)? How have lien priorities between the construction loan and the lien claims of contractors been impacted by the recent legislative changes (going back to the changes in 2011, as well as those in 2021)? What kind of notices are owner/developers entitled to receive from lien claimants and what can owner/developers do when they receive those notices? What should owner/developers do and how should their contracts be changed to mitigate the risk of lien claims as a result of the 2021 changes?

May 24, 2022

Presentation                      5:00pm – 6:00pm CST

This course has been approved for MCLE credit by the State Bar of Texas Committee on MCLE in the amount of 1 hour.
North Carolina MCLE credit is pending.

Live in Dallas, Texas

Complimentary parking

2728 N. Harwood St., Suite 500
Dallas, TX 75201

Webcast/videoconference available in these other Winstead offices:

401 Congress Ave. Suite 2100
Austin, TX 78701

201 North Tryon Street, Suite 2000
Charlotte, NC 28202

2728 N. Harwood St., Suite 500
Dallas, TX 75201

300 Throckmorton Street, Suite 1700
Fort Worth, TX 76102

600 Travis Street, Suite 5200
Houston, TX 77002

437 Madison Avenue, Suite 1904
New York, NY 10022

310 S. Saint Mary’s Street, Suite 920
San Antonio, TX 78205

24 Waterway Avenue, Suite 500
The Woodlands, TX 77380

Live Webcast also available

For information on attending, please contact Kathleen Moody at kmoody@winstead.com.