[DOWNLOAD] "United Technology And Resources Inc. V. Islam" by New Mexico Supreme Court * eBook PDF Kindle ePub Free

March 22, 2021

eBook details

Title: United Technology And Resources Inc. V. Islam
Author : New Mexico Supreme Court
Release Date : January 12, 1993
Genre: Law,Books,Professional & Technical,
Pages : * pages
Size : 70 KB

Description

On August 30, 1984, U.T.R. contracted with Crescent to build a motel, retail shopping facility, and restaurant complex in Abiquiu, New Mexico. U.T.R. agreed to construct the project for approximately $722,000. Work began on the construction contract in September 1984 and continued until June 1985, at which time U.T.R. considered the project to be substantially completed. Upon completion of the work, U.T.R. claimed that Crescent owed it $163,976.40 for the balance due on the original contract plus amounts for additional work provided and materials delivered and incorporated into the project. U.T.R. filed a mechanic's lien for this amount in September 1985 and sued to foreclose on the lien in October. The suit also stated a claim for punitive damages, based on Crescent's alleged bad faith breach of contract.