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Posts tagged Lien Holdback.
Posted in Construction

Ever since the BC Court of Appeal (“BCCA”) decision in Shimco, practitioners and others have cried out for legislative amendments to the B.C. Builders Lien Act (the “Act”) which would see the elimination of a lien against holdback monies retained by owners and others down the contractual chain.  Prior to Shimco, such a lien was not generally thought to exist.  ...

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