Posted on November 15, 2016

November 15, 2016 – CLIFTON N. MILLER

CLIFTON N. MILLER – This Client Alert addresses a recent Tennessee Court of Appeals decision clarifying that the filing a judgment lien establishes priority over subsequent lienholders, even if the Order does not allocate the court costs. As a result of this decision, Banks and other Judgment Creditors should make every effort to file a judgment lien with the appropriate register of deeds as soon as a final order is issued, regardless of whether the Order addresses all discretionary costs of the parties.

Banks and Other Judgment Creditors: Establishing Judgment Lien Priority After Obtaining a Final Order