The developer of a 105-bed psychiatric hospital being built in Tacoma was recently found liable by default for failing to pay nearly $3 million owed to two construction companies that worked on the project, court records show.
Tacoma Life Properties, LLC, the developer of the new hospital just south of 19th and Proctor streets, was accused in a June lawsuit of owing more than $2.7 million to Andersen Construction Co. of Washington and Archer Construction, Inc. The lawsuit also alleged that the project had stalled due to financial woes.
After the developer didn’t appear in or answer the lawsuit in Pierce County Superior Court, a default judgment was awarded to the contractors on Oct. 5 for $2.8 million, including interest, attorney fees and taxable costs, court records show.
Andersen and Archer were ruled to be entitled to foreclose on liens they recorded against the property, according to a legal filing that detailed facts and conclusions regarding the default judgment. The liens totaled $2.7 million and $1 million, respectively.
Under state law, creditors may collect on a judgment through proceeds from the sale of a debtor’s property, according to the law website, Nolo. There are many variables when that comes into play and each case can be resolved in other ways, Jeff Hellinger, a Bellevue attorney who specializes in construction law, told The News Tribune. Hellinger was not involved in this matter.
“Every case is different,” he said, adding that foreclosing on liens,...
"Here is a follow-up video capturing a classic moment from the Xi-Trump summit: While Xi Jinping was away using the restroom, Trump casually glanced through a small notebook Xi had left on the tab...