Right to lien ceases with affidavit lie

Trial Notebook

By Steven P. Garmisa

Hoey & Farina

Posted February 27, 2015 2:03 PM

There allegedly was an obvious misstatement in each of the sworn declarations Pyramid Development LLC gave to Husam Aldairi about contractors — under Section 5 of the Mechanic’s Lien Act — during Pyramid’s work as construction manager on a $3 million project. Aldairi hired Pyramid to build Bluff Townhomes, an eight-unit development outside Hinsdale. The construction loan came from Broadway Bank, which was subsequently acquired by M.B. Financial Bank. Before approving disbursements to Pyramid, …

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