ENR Construction

OCTOBER 20, 2021

CalPlant, which turns rice straw waste into fiberboard, seeks financial restructuring of its debt and assets

Bankruptcy 67

Bankruptcy Debt 67

ENR Construction

JANUARY 21, 2020

Energy megaproject firm's bankruptcy includes expected $2.7B sale of its Lummus Technology unit to PE investors and another $2.8B from lenders to fund operations.

Debt 60

Debt Bankruptcy Plans Contractors 60

ENR Construction

JANUARY 21, 2020

Energy megaproject firm's bankruptcy includes expected $2.7B sale of its Lummus Technology unit to PE investors and another $2.8B from lenders to operate.

Debt 60

Debt Bankruptcy Plans Contractors 60

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.

Debt 48

Debt Bankruptcy Legal Claims 48

Pro Builder

JUNE 3, 2021

It laid off hundreds of employees last year and neared bankruptcy. Last year, the company was reportedly exploring the possibility of Chapter 11 bankruptcy proceedings, until it was bailed out by a $200 million cash infusion from SoftBank. Greensill also collapsed earlier this year.

Bankruptcy 52

Bankruptcy Debt Construction Commissioning 52

ENR Construction

JANUARY 24, 2018

contractor Carillion PLC was a major government supplier before spiraling debt forced it into bankruptcy on Jan. From brick-and-mortar construction projects to providing school meals, U.K.

Bankruptcy 47

Bankruptcy Debt Contractors Construction 47

Construction Equipment

APRIL 13, 2016

Peabody Energy, the world's largest private-sector coal producer, has filed for bankruptcy protection in United States Bankruptcy Court for the Eastern District of Missouri. billion in debts and $11 billion in assets, including ownership interest in 26 active mines in the U.S. Trading on the NYSE was suspended immediately.

Bankruptcy 48

Bankruptcy Debt Missouri United States 48

Pro Builder

OCTOBER 12, 2022

Just like your personal credit score, your business credit score indicates whether you’re a good risk for paying your debts or not. This tells lenders a bigger picture of your payment habits or whether you’re missing out on repaying debts. . What Is a Business Credit Score? What Your Business Credit Reports Tells Lenders and Others.

Debt 52

Debt Finance Risk Bankruptcy 52

Levelset

JULY 5, 2022

Credit bureaus can collect public information from state and county courts, including bankruptcies. Overdue debt that has been sent to collections also influences your score. Negative credit events, like bankruptcies, foreclosures, and lawsuits, can stay on your credit history up to seven years after they are satisfied.

Lien 96

Lien Legal Bankruptcy Claims 96

Buisness Facilities Contributed Content

MAY 21, 2014

A few hours after the pixels for that post were hatched, Detroit announced it had become the largest city in history to file for bankruptcy protection. This summer, a federal judge will decide whether to approve a plan that would allow the city to exit bankruptcy court by mid-October.

Detroit 49

Detroit Bankruptcy Michigan Banking 49

PSMJ Resources

JUNE 23, 2008

Fast-forward to earlier today, when Modern Continental filed for Chapter 11 bankruptcy protection, according to the Boston Business Journal. According to the article, Modern Continental listed its assets between $100 million and $500 million and its debts between $500 million and $1 billion. The company listed URS Corp.

Boston 40

Boston Bankruptcy Debt Negotiation 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. At the first hint of trouble the GC should demand to see them -- and if they aren’t in order, it can withhold payment to the sub.

Subcontracting 40

Subcontracting New Hampshire Lien Insurance 40

PSMJ Resources

OCTOBER 7, 2008

When this market declined and interest rates spiked in this market, the county has been pushed to brink of bankruptcy since they are unable to refinance the thirty day debt. Other counties, such as Suffolk in New York have run into the same situation.

Finance 40

Finance Bankruptcy Sewer Debt 40

Lets Build

MAY 1, 2020

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

JULY 3, 2013

In the midst of the Recession, nearly two-thirds of the 50 states were teetering on the edge of bankruptcy. We tend to come down on the rainy-day side of these discussions, since many of the states who suddenly find their pockets bulging still have large debt obligations, including massive pension payments.

California 51

California North Dakota Connecticut Wisconsin 51

Best Practices Construction Law

AUGUST 24, 2012

These principles form a set of “best practices” for the company interested in preserving its lien rights on every construction, and ultimately therefore, avoiding bad debt. Understand What Type of “Lien” Is Available.

Lien 48

Lien Claims Debt Florida 48

Contractor Bookkeeping

MARCH 7, 2013

He needed help deciding to close his business, file bankruptcy and go to work for a competitor as a superintendent or turn his business around and make a go of it. Later that day he tried using his credit cards to buy gas and they were all declined. At that point he knew something was very, very wrong.

Cash Flow 49

Cash Flow Contractors Banking Accounting 49

Buisness Facilities Contributed Content

AUGUST 29, 2013

The Carlyle Group LP-owned company, which had been co-headquartered in Baltimore and Houston, said it would use bankruptcy to restructure debt and sell its assets to EQT Infrastructure in a $455-million deal, according to a report in the Baltimore Sun. The company filed for a Chapter 11 reorganization of its debts in U.S.

Maryland 53

Maryland Baltimore Electrical Houston 53

Construction Lawyer

SEPTEMBER 22, 2005

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. . | New York allows contractual indemnification » September 22, 2005. Waivers of liens: fraud.

Lien 40

Lien Illinois AIA Chicago 40

Contractor Bookkeeping

FEBRUARY 5, 2014

At that, sadly, is during the bankruptcy proceedings or at the auction where their entire construction company is being sold for pennies on the dollar to pay off some of the mountain of debt they accumulated.

Accounting 48

Accounting Construction Profitability Contractors 48

NH Construction Law

NOVEMBER 23, 2019

Suppose the owner files for bankruptcy protection before that step is taken. ” Until a bankruptcy case in New Hampshire directly addresses the post-petition perfection of a mechanic’s lien, we won’t know for sure whether the lien can still be perfected. Bruce Topjian, Inc. , 481 (1987). Can the lienor still take it?

Lien 40

Lien Bankruptcy New Hampshire Claims 40

Buisness Facilities Contributed Content

APRIL 15, 2014

million loan participation program fostering business expansion and job creation in Arizona by providing debt financing for small businesses (in collaboration with private finance partners). Additionally, the company must demonstrate that it can service the debt. 97% increase in personal property tax exemption. TAX INCENTIVES.

Income 108

Income Finance Zoning Employment 108

Buisness Facilities Contributed Content

MARCH 21, 2014

Loan proceeds are to be used for working capital, inventory, equipment purchase, and real property improvements but cannot be used for refinancing of existing debt or outstanding debt payments. Funds cannot be used for debt refinancing or contingency funding. The program ends December 2016. EMPLOYEE TRAINING PROGRAMS.

Income 75

Income Finance Zoning Equipment 75