O'Rourke Law Seminars

Seminar Date: 08/19/2010

Early Bird Registration Deadline: 00/00/0000
Registration Deadline: 08/17/2010

Seminar Details:
Getting Paid on Time
Private Project Mechanics Liens in an Hour
A Subcontractors' and Suppliers' Guide
Presented by R. Russell O'Rourke, Esq.

Registration 11:15 - 11:30
11:30 - 1:00 Lunch and Business Practices Interchange Meeting
1:00 - 2:00 Mechanic's Lien Workshop
FREE Contruction Credit News Weekly Report.
LOCATION: Shoreby Club, Bratenahl, Ohio
ASA Members $37 Non-Members $57

One Hour CEU for Ohio Construction Industry Licensing Board included

The construction industry operates on credit. Your business operates on credit. You perform your work and supply your materials knowing that you don't expect to be paid for 30, 60 or 90 days, maybe longer. Ehttp://www.meritec.com/catalog/standard-products-73/ then, they are going to hold retainage for a longer time. When you do this, you are granting credit to your customers.
When a bank extends credit, they want to have security that you will pay them back. Both you and your bank are in the same business, granting credit, they just understand that they are in that business and do everything that they can to protect themselves. You should, too.

Understand your rights and your obligations to assure that you will be paid on time, every time.

Ten Benefits You Will Gain by Attending this Program:
1. Understand the importance of the Notice of Commencement and learn how to read it.
2. Learn how to properly complete and serve your Notice of Furnishing to get paid on time. Done Properly it will help expedite your payment.
3. Learn the strict timetables for serving your Notice of Furnishing AND filing your Mechanic's Lien.
4. Learn about the recent changes in Ohio Lien Law.
5. Learn how to negotiate payment terms and waivers to be paid on time, every time.
6. Understand when you should file a Mechanics Lien or Bond Claim to protect your company's investment.
7. Learn the steps to Securing a Mechanics Lien to assure that you are paid when you should be paid.
8. Understand the difference between Partial, Conditional and Final Lien Waivers and how to spot and fix the magic language that can change it from one to another.
9. Learn how to use Ohio construction laws to assure that you are paid, when and how much you should be paid.
10. Participate in open discussion about the business practices of Owners, Contractors, even other Subcontractors that might hire your company. Bring questions about others you are considering working with to find out how often they are sued or have mechanics liens filed against them.

WHO SHOULD ATTEND: Anyone in the construction subcontracting industry who is responsible for reviewing, negotiating or managing contracts and subcontracts, including Subcontractor and Supplier Owners, CEOs, CFOs, Controllers, Project Managers, Risk Managers and Estimators.