Your 2-page double-spaced APA Style memorandum should consider 1) what are the encumbrances, and 2) what is the priority between the two liens (who gets paid first).. USING MEMORANDUM TEMPLATE ATTACHED.
***AT LEAST 1 CITED SOURCE***
Your senior partner asks you to provide a 2-page memorandum for his use in the following situation:
Your client, Lanwin, is a developer and operator of club style membership stores which allow individuals who purchase a membership in the store to shop there. Build is a contractor who specializes in large scale commercial developments. Finish is a contractor who specializes in doing finishing contract work on commercial property once most of the other construction work has been completed. A zoning ordinance provides that any commercial endeavor must be available to any member of the public without condition or other restriction based on race, color, creed, religion or sexual orientation. A violation of the ordinance will prohibit an occupancy certificate from being issued by the city. A failure to obtain a certificate of occupancy will prohibit Lanwin from opening ClubMart.
Clubmart’s construction is now complete and Lanwin has expended a considerable amount of money in advertising its impending opening. A dispute has developed between Lanwin and Finish as a result of what Lanwin regards as billing errors. Finish has filed a lien on the property. As a course of business, Build has filed a lien against the money owed to him by Lanwin for the construction of ClubMart.
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