Article Date: 12/06/10

CONSTRUCTOR AND CONSTRUCTION LENDER FORMED JOINT VENTURE

Court of Appeals of Tennessee, at Nashville

Wade Phelps v. C & C Construction Co., LLC

No. M2010-00228
November 9, 2010

Overview

A Tennessee court has ruled that a constructor and a construction lender entered into a joint venture to complete a housing project. The owner's payment to the constructor constituted payment in full to the joint venturer lender.

Background

Joseph Angus owned property ... Log in to view the full text.

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