HENNING v. SECURITY BANK

No. 96-756.

564 N.W.2d 398 (1997)

Richard Burton HENNING and Diane May Henning, Appellants, v. SECURITY BANK, Appellee.

Supreme Court of Iowa.

June 18, 1997.


Attorney(s) appearing for the Case

Lee M. Walker of Walker, Knopf & Billingsley, Newton, for appellants.

Curtis A. Ward of Brooks & Ward, Marshalltown, for appellee.

Considered by McGIVERIN, C.J., and HARRIS, LAVORATO, NEUMAN, and TERNUS, JJ.


LAVORATO, Justice.

A contractor walked off the job without paying his subcontractors even though the contractor was paid sufficient monies to pay them. Later, the homeowners paid the subcontractors and therefore paid twice for the same work and materials. The homeowners then sought reimbursement from their interim lender for allegedly promising to make sure that the subcontractors were paid by insisting on lien waivers from the contractor before any payment to him...

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