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ANGELES ELECTRIC CO. v. SUPERIOR COURT

Docket No. B078927.

27 Cal.App.4th 426 (1994)

32 Cal. Rptr.2d 660

ANGELES ELECTRIC COMPANY, Petitioner, v. THE SUPERIOR COURT OF LOS ANGELES COUNTY, Respondent; STEVEN M. SPECTOR, Real Party in Interest.

Court of Appeals of California, Second District, Division Four.

August 3, 1994.

Attorney(s) appearing for the Case

COUNSEL

Hunt, Ortmann, Blasco, Palffy & Rossell, Dale A. Ortmann and Paula Gerber for Petitioner.

No appearance for Respondent.

McDermott, Will & Emery, Kristine Blackwood and Stuart W. Price for Real Party in Interest.

OPINION

EPSTEIN, Acting P.J.

A subcontractor on a construction project received payment for an antecedent debt from a general contractor. As a result, the subcontractor released its mechanic's lien against the project owner's property. The general contractor then made an assignment for benefit of creditors. In this case of first impression in California, we hold that release of the ...

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