Forgen LLC sued US Magnesium in bankruptcy court to recover at least $3.7 million in payments from a construction lien the company says it held over a Utah property.
The construction firm filed the suit Thursday against US Magnesium, Toole County, and the Utah Division of Forestry, Fire and State Lands, seeking validation of the lien. Forgen alleged that US Magnesium and the division also ignored the company’s attempts to discuss the lien.
“These parties have not included Forgen in these discussions and have ignored Forgen’s status as a senior lienholder, despite acknowledging the priority of Forgen’s Construction Lien and ...
Learn more about Bloomberg Law or Log In to keep reading:
See Breaking News in Context
Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.
Already a subscriber?
Log in to keep reading or access research tools and resources.