IIC Case Studies

Mechanics Liens can present varied problems, so IIC individually-crafts a solution for each case.

  • C A S E # 1
  • SITUATION
    A mechanical construction company in the Bronx was owed $38,000 by a general contractor which had a contract with a building owner in NYC. The general contractor did not perform up to specifications, the job was halted, and the mechanical contractor, as a subcontractor, did not receive the balance of its contract. A lien was filed when the contract balance had remained outstanding for six months.
  • IIC SOLUTION
    IIC developed a strategy through negotiations directly with the building’s owner and its management company. Meetings were arranged, and within four days Norman R. Nelson had secured a settlement, agreed to with the client, for a total of $32,638. A “satisfaction of lien” document was presented in exchange for the check.
  • C A S E # 2
  • SITUATION
    An international electrical supplier was owed money from a general contractor, which had supplied their product to its client, a retail store chain. Their dispute was so complex that the retail chain filed legal proceedings against the general contractor for breach of contract. After a year passed without payment to the electrical supplier, despite a mechanical lien being in force, IIC was called on the case.
  • IIC SOLUTION
    IIC quickly assessed the facts of the situation through its due diligence investigation. It was determined that the general contractor was at fault. Their was a balance of money owed to the general contractor from the retail store chain, which bonded the mechanics lien. Norman R. Nelson, within 30 days, secured a settlement from the retail store chain.
  • C A S E # 3
  • SITUATION
    A metal contractor worked as a subcontractor for a large general contractor. The client was a large nursing home on Long Island. There was approximately $100,000 owed to the subcontractor. The attorney for the subcontractor filed a mechanics lien and tried to negotiate payment; when the lien was outstanding for nearly a year, he recommended that his client consider legal proceedings. Unconvinced that this was his best option, the subcontractor placed a call to IIC.
  • IIC SOLUTION
    IIC spoke with the subcontractor and explained that the most cost-effective and expeditious resolution was through negotiations. Norman R. Nelson arranged a meeting with the general contractor to evaluate both parties’ positions, following that up with further investigatory research. A settlement with terms of $42,500, with $30,000 down and the balance in 30 days, was achieved after one month of sophisticated negotiations facilitated by Mr. Nelson.
  • C A S E # 4
  • SITUATION
    A commercial landscaper from Queens, NY, was owed $45,223 by a co-op development and that over a two year period was managed by three different real estate management firms. The landscaper was not able to arrange payment from the co-op board of directors for a two-year period. A mechanics lien was filed in November 1998. However, this legal procedure still did not produce payment for the services rendered.
  • IIC SOLUTION
    IIC, through due diligence, investigated the lien claim, spoke with the prior management companies, the current managing agent, and the co-op board members. Norman R. Nelson created a financial summary to present to the board president and the new managing agent. After several meetings and negotiations, an out-ofcourt payout was arranged, with terms of $5,000 per month, for a total of $42,233. From the date of placement with IIC, it took only 45 days to reach this satisfactory conclusion.
  • C A S E # 5
  • SITUATION
    A fire system contractor was owed approximately $100,000 by a plumbing and heating company. There were alleged back charges in the amount of $40,000 for an uncompleted punch list.
  • IIC SOLUTION
    First, IIC arranged a meeting with the plumbing contractor and visited the job site to determine the validity of the back charges. After further mediation meetings and on-site negotiations. IIC obtained a $75,000 settlement for its client. This lien collection and mediation took only one week to resolve.