Buisness Facilities Contributed Content

JULY 17, 2013

The manager will determine what he can salvage from a legacy of decline that has left Motown on the cusp of bankruptcy. Cerberus, an equity player who had acquired a majority stake in Chrysler from German auto giant Daimler-Benz in 2007, went into bankruptcy in 2009. automaker from going the way of the dinosaurs.

Detroit 51

Detroit Roads Bankruptcy Michigan 51

Lets Build

MAY 1, 2020

The panel discussion kicked off with a unanimous agreement that the Coronavirus outbreak has an unprecedented impact on the construction industry. In this case, one must assume that significant and lasting damage to the economic fabric with lots of bankruptcies, corporate debt fall-outs, and so on will have happened.

Industrial 148

Industrial BIM Innovation Construction 148

Buisness Facilities Contributed Content

FEBRUARY 15, 2013

Bankruptcy Court settlement agreement to redevelop former GM locations. “We Elio Motors is purchasing the GM plant from the Revitalizing Auto Communities Environmental Response Trust, known as the RACER Trust. RACER is an independent trust created by a U.S.

Louisiana 66

Louisiana Commissioning Los Angeles Site 66

Construction Lawyer

JANUARY 30, 2014

17, 2013), demonstrates the difficulty faced by parties in drafting appropriate forum selection provisions in construction agreements. The prime agreement between Weisel and Ryan consisted of an AIA Document A111 (presumably a 1997 version) and an AIA Document A201 (also presumably the 1997 version). Welch Marble & Tile, Inc.

Subcontracting 40

Subcontracting Drafting San Francisco California 40

Constructlaw

DECEMBER 7, 2020

The economic hardships that have resulted have exposed many businesses to financial strain and led to an increased number of high-profile insolvencies and bankruptcies. Converteam SAS has held that under the New York Convention, only a party to a signed arbitration agreement can compel arbitration.

Claims 40

Claims Insurance Bankruptcy Legal 40

Construction Marketing Ideas

MARCH 11, 2016

Triggers of default are outlined in the subcontract agreement between the general contractor and the subcontractor that would include insolvency, a failure to perform, or the performance of defective work. My nearly two decades as a lawyer have taught me that surety bonds are really only protection against one risk: Subcontractor bankruptcy.

Legal 48

Legal Consulting Subcontracting Industrial 48

Construction Lawyer

SEPTEMBER 22, 2005

You are not our client and we are not your attorneys unless and until you enter into a written retainer agreement with us. The Bankruptcy Court for the Northern District of Illinois recently ruled that a contractor who falsified waivers of lien engaged in fraudulent conduct and his debt to the bank was non-dischargeable.

Lien 40

Lien Illinois AIA Chicago 40

NH Construction Law

MAY 28, 2018

The main advantage of such “trust fund” provisions is in bankruptcy; trust funds are not considered assets of the subcontractor/debtor that can be distributed to general creditors.

Subcontracting 40

Subcontracting New Hampshire Lien Insurance 40

Construction Lawyer

APRIL 30, 2012

You are not our client and we are not your attorneys unless and until you enter into a written retainer agreement with us.   Chapeau filed bankruptcy. The information provided here is not intended to be a solicitation for legal services, nor does it constitute legal advice.  The opinion can be read here.

New York 40

New York Lien Contractors Illinois 40

Construction Lawyer

JULY 20, 2012

You are not our client and we are not your attorneys unless and until you enter into a written retainer agreement with us. Fidelity had issued a payment bond, but Fidelity refused to pay after the owner declared bankruptcy, and BMD sued Fidelity. The question became whether the general or the subcontractor would bear the risk of loss.

Illinois 40

Illinois Subcontracting Liability AIA 40

Buisness Facilities Contributed Content

APRIL 15, 2014

A business that applies for the exemption must enter into an agreement with the Governor of Alabama. The business must sign a job-creation agreement under the Advantage Arkansas program within 24 months of signing the Tax Back agreement. Must expand its labor force, make new capital investment, or prevent loss of employment.

Income 108

Income Finance Zoning Employment 108

Buisness Facilities Contributed Content

MARCH 21, 2014

The business must sign a job-creation agreement under the Advantage Arkansas program within 24 months of signing the Tax Back agreement. New, full-time, permanent employees must be hired within 24 months of the date the financial agreement is signed. An approved “pilot” city may enter into a withholding agreement: 1.

Income 75

Income Finance Zoning Equipment 75

Business Facilities

AUGUST 1, 2014

Yes, we know that Detroit became the largest city in history to file for bankruptcy protection, a process the city is expected to emerge from this year. Cerberus, an equity player who had acquired a majority stake in Chrysler from German auto giant Daimler-Benz in 2007, went into bankruptcy in 2009. According to Maryland Gov.

Metro 111

Metro Detroit Austin Baltimore 111

Construction Test

MAY 19, 2020

This is part of a wider agreement with European governments to keep flight links open for emergency reasons. . Despite most flights being grounded the budget airline are still operating limited services out of Dublin, London, Manchester, Bristol, Cork and Glasgow. . Consumer group Which?

Travel 26

Travel Claims Deals Airports 26