Snake Steel, Inc. v. Holladay Construction Group, LLC - Concurring

Snake Steel, Inc. v. Holladay Construction Group, LLC - Concurring
M2019-00322-SC-R11-CV

We fully concur in the opinion of the Court but write separately to urge the General Assembly to clarify an issue that this decision does not address: whether Holladay Construction Group, LLC (“Holladay”), had a statutory obligation to deposit the retainage it received from 2200 Charlotte Avenue, LLC, (“Owner”) on May 27, 2015, into a separate, interest-bearing escrow account, or was obligated at that point only to pay subcontractors, such as Snake Steel, within ten days of receipt of the retainage from Owner.  

Authoring Judge: 
Justice Cornelia A. Clark with whom Chief Justice Jeffrey S. Bivens, and Sharon G. Lee Join, Concurring Separately
Originating Judge: 
Chancellor Ellen Hobbs Lyle
Date Filed: 
Wednesday, June 30, 2021