Mechanic's Liens Take Priority Over 'Equitable Subrogation,' ASA Tells Arizona Supreme Court (American Subcontractors Association Inc)

(Source: American Subcontractors Association Inc) News Mechanic's Liens Take Priority Over 'Equitable Subrogation,' ASA Tells Arizona Supreme Court 05/23/2014 American Subcontractors Association, Inc. 1004 Duke St., Alexandria, VA 22314-3588 • www.asaonline.com • (703) 836-3482 fax NEWS RELEASE FOR RELEASE May 23, 2014 Contact: Marc Ramsey, (703) 684-3450, Ext. 1321, mramsey@asa-hq.com Mechanic's Liens Take Priority Over 'Equitable Subrogation,' ASA Tells Arizona Supreme Court ALEXANDRIA, Va. - Using the doctrine of "equitable subrogation" to establish lender priority over mechanic's liens would "completely defeat" the legislative intent behind mechanic's liens statutes and...