Construction Dive

FEBRUARY 14, 2020

The energy contractor, which filed Chapter 11 in January, has asked a bankruptcy judge for $26.8 million in total incentives for 13 management team members with the rest intended for 1,112 other key employees.

Bankruptcy 166

Bankruptcy Contractors Management 166

Construction Dive

MARCH 5, 2019

Magnum Construction Management said that the Chapter 11 filing is not an attempt to shirk responsibilities related to the deadly March 2018 incident.

Bankruptcy 130

Bankruptcy Contractors Management Construction 130

Construction Business Owner

FEBRUARY 27, 2013

It is always possible to turn a poorly performing company away from bankruptcy. In the construction industry, few individuals know this better than Doug Pruitt, former CEO of Sundt Construction and co-author of “Level Headed: Inside the Walls of One of the Greatest Turnaround Stories of the 21st Century.”

Bankruptcy 153

Bankruptcy Profitability Industrial Construction 153

Construction Dive

MARCH 17, 2020

If passed in the Senate, the plan could lead to industry layoffs, bankruptcies and delays in the construction of medical and emergency facilities, according to the Associated General Contractors of America.

Bankruptcy 132

Bankruptcy AGC Housing America 132

Construction Dive

JANUARY 10, 2020

Risk reduction, deleveraging and even bankruptcy are on the table for some of the industry's top publicly traded companies this year.

Bankruptcy 127

Bankruptcy Risk Construction Industrial 127

ENR Construction

AUGUST 5, 2014

Scarborough''s bankruptcy filing provides a snapshot of his financial dealings, amounts owed to creditors and his personal property. Business Management'

Bankruptcy 56

Bankruptcy Deals Management 56

Construction Dive

MARCH 11, 2020

The future of one of the country's largest energy contractors will be discussed tomorrow in Houston.

Bankruptcy 95

Bankruptcy Houston Contractors 95

Construction Dive

NOVEMBER 26, 2019

The move comes ahead of a deadline to receive a rescue financing package and follows the resignation of the company's Chief Financial Officer.

Bankruptcy 95

Bankruptcy Finance Office 95

Construction Dive

APRIL 22, 2019

The real estate mogul wants to finish a construction budget for the property, which a prior developer had sunk billions into before a 2009 bankruptcy.

Las Vegas 120

Las Vegas Bankruptcy Budgeting Budget 120

Construction Dive

JANUARY 21, 2020

Bankruptcy Court in Houston today. The struggling energy construction giant announced it will file a prepackaged restructuring plan at the U.S.

Bankruptcy 117

Bankruptcy Houston Plans Construction 117

ENR Construction

DECEMBER 18, 2012

Although one of 2012's biggest contractor defaults and bankruptcies may have surprised some unsecured creditors, Ballenger Construction's surety has been working on the company's problems since the summer.

Bankruptcy 53

Bankruptcy Contractors Construction Management 53

Construction Dive

FEBRUARY 1, 2023

Supply chain disruptions, price inflation and labor shortages are causing major headaches for firms with fixed-price contracts, leading some into bankruptcy, attorneys say.

Bankruptcy 118

Bankruptcy Florida Contract 118

Construction Equipment

SEPTEMBER 17, 2014

Indiana Toll Road operators are considering filing for Chapter 11 bankruptcy to get out of their $6 million debt, nwitimes.com reported. Toll Road operation should not be affected by the bankruptcy filing or change in management.'

Bankruptcy 48

Bankruptcy Indiana Roads Debt 48

Green Building Law Update

JULY 5, 2020

In a motion in a Bankruptcy case the landlord demanded payment of post petition rent from the Hitz Restaurant Group or that the Chicago restaurant vacate the premises immediately. The Bankruptcy judge, the Honorable Donald R. Bankruptcy Court, Northern District of Illinois, Eastern Division, June 3, 2020.

Bankruptcy 156

Bankruptcy Leases Illinois Permits 156

Construction Dive

MARCH 7, 2018

The filing comes amid lender claims that 550 Seabreeze Development defaulted on a $36.9 million mortgage loan for the Fort Lauderdale resort.

Bankruptcy 90

Bankruptcy Florida Claims 90

BD+C

DECEMBER 6, 2020

That metro’s July 2013 bankruptcy—the largest municipal filing in U.S. Any conversation about what’s wrong with urban America is bound to bring up Detroit at some point.

Detroit 116

Detroit Bankruptcy Mobility Innovation 116

Construction Dive

JUNE 20, 2018

A Chapter 7 bankruptcy trustee asked the court for a special litigation council to try to uncover any of the defunct firm's "undisclosed assets" to help it pay the more than 500 companies and individuals it owes.

Bankruptcy 48

Bankruptcy Debt Construction 48

Construction Dive

MARCH 11, 2020

The confirmation by Bankruptcy Court Judge David R. Jones eliminates more than $4.6 billion of debt for the beleaguer?ed ed energy contractor.

Bankruptcy 95

Bankruptcy Debt Contractors 95

Contractor Magazine

OCTOBER 23, 2012

is auctioning a wide range of assets on October 30 from plumbing and pipeline contractor RCR Plumbing & Mechanical, which filed for Chapter 11 bankruptcy protection last year. Tiger Group’s Remarketing Services division, in cooperation with Hackman Capital’s Equipment Acquisition Co., read more.

Bankruptcy 51

Bankruptcy Equipment Contractors Management 51

BD+C

AUGUST 1, 2014

Since 2008, 13 municipalities have filed for bankruptcy. Architects Building Owner Contractors Designers Engineers Facility Managers'

Bankruptcy 89

Bankruptcy Engineering Contractors Management 89

ENR Construction

JUNE 7, 2021

Firm, operating as a designer, contractor and supplier, cites a range of factors for its financial trouble.

Bankruptcy 81

Bankruptcy US Contractors Design 81

Business Facilities

OCTOBER 29, 2014

Great Lakes Workforce Training/Skilled Workforce Bankruptcy BF-Sept/Oct-2014 Career Jump Start Healthy Michigan Michigan Economic Development Corporation'

Michigan 91

Michigan Bankruptcy Industrial 91

Construction Dive

JUNE 19, 2018

A trustee in the case of MGT's Chapter 7 bankruptcy has asked the court to consider that the company may have more than the $50,000 in assets it claims.

Bankruptcy 48

Bankruptcy Debt Claims Construction 48

Construction Dive

JULY 24, 2018

Hultgren Construction, the contractor working on the Copper Lounge when it collapsed in December 2016, killing one and entrapping another, has filed for a Chapter 11 case that will divide its assets among its creditors.

South Dakota 86

South Dakota Bankruptcy Contractors Construction 86

ENR Construction

MAY 4, 2022

The company owes millions to creditors, including numerous staff and retirees.

Bankruptcy 74

Bankruptcy Design 74

Construction Marketing Ideas

OCTOBER 2, 2015

The quirky.com website (scrolling down from the bankruptcy notice at its top.) The bankruptcy notice. This business managed to blow $170 million in venture capital in less than seven years. It had some of the best and brightest minds in the business. Alas the idea didn’t work.

Bankruptcy 48

Bankruptcy Cash Flow IDEA Management 48

HardHatChat

OCTOBER 15, 2009

According to the fall 2009 issue of Development magazine, while hotels and retail properties are the most problematic in terms of default, foreclosure or bankruptcy, office distress is up 118 percent year-to-date in 2009 versus 2008.

Commercial 149

Commercial Bankruptcy Retail Contractors 149

ENR Construction

SEPTEMBER 25, 2024

The construction firm entered the equivalent of bankruptcy Sept. 20, marking the largest failure of a U.K. contractor in six years.

Bankruptcy 74

Bankruptcy Contractors Construction 74

BD+C

JANUARY 19, 2015

After more than 15 years of work, the nonprofit design group Architecture for Humanity has closed its San Francisco office and plans to file for Chapter 7 bankruptcy protection, The New York Times reported. As of Jan. 1, all of its roughly 30-employee staff was laid off. An official announcement is yet to be made.

Bankruptcy 40

Bankruptcy San Francisco Architecture Office 40

ENR Construction

JUNE 3, 2022

The owner's filing noted it had begun a court-led financial restructuring process “to achieve the project's orderly and safe wind-down.”.

Bankruptcy 69

Bankruptcy 69

ENR Construction

MAY 4, 2022

The company owes millions to creditors, including numerous staff and retirees.

Bankruptcy 69

Bankruptcy Design 69

ENR Construction

DECEMBER 31, 2019

Energy megaproject builder, with past reported losses, is talking to lenders for $2B to operate, and a Chapter 11 filing may be weeks away, reports say.

Bankruptcy 69

Bankruptcy Contractors 69

ENR Construction

MARCH 18, 2020

How will contractor's restructuring succeed in a changing oil and gas market?

Bankruptcy 60

Bankruptcy Contractors 60

BD+C

JANUARY 19, 2015

After more than 15 years of work, the nonprofit design group Architecture for Humanity has closed its San Francisco office and plans to file for Chapter 7 bankruptcy protection, The New York Times reported. As of Jan. 1, all of its roughly 30-employee staff was laid off. An official announcement is yet to be made.

Bankruptcy 40

Bankruptcy San Francisco Architecture Office 40

BD+C

DECEMBER 3, 2018

The Crash of ’29 forced the savings institution to declare bankruptcy. Completed in May 1929 as the headquarters for Home National Bank and Home National Savings and Trust, the 15-story Elgin Tower has had a tumultuous history.

Bankruptcy 92

Bankruptcy Banking Commercial Housing 92

ENR Construction

OCTOBER 24, 2024

New York state judge rules that contractor fraudulently induced developer's bankruptcy over big Florida resort project.

Bankruptcy 68

Bankruptcy New York Florida Contractors 68

ENR Construction

MAY 17, 2022

UK levies penalty for firm's misleading regulators into the quality of its financial audit of British contractor before its unexpected collapse under huge debt in 2018.

Bankruptcy 68

Bankruptcy Debt Regulation Contractors 68