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Special legal team could tap MGT Construction's "undisclosed assets" to pay $28M debt

Construction Dive

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
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Does a Lien Affect Your Credit Score?

Levelset

There are several different types of property liens , which are legal claims against the property held by a debtor. 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. What is a lien?

Lien 96
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constructionattorneyblog: Waivers of liens: fraud

Construction Lawyer

His book, Legal Guide to AIA Documents, published by Aspen Publishing, is in its fifth edition. The information provided here is not intended to be a solicitation for legal services, nor does it constitute legal advice. A Legally Inclined Weblog. >. Sabo & Zahn LLC is an Illinois Limited Liability Company.

Lien 40
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State by State Incentives Guide

Buisness Facilities Contributed Content

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
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STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

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. FOREIGN TRADE ZONES (FTZs): Secured areas legally outside of U.S. Funds cannot be used for debt refinancing or contingency funding.

Income 75