Green Building Law Update
SEPTEMBER 21, 2011
The result: two weeks ago, Solyndra announced bankruptcy. As I started thinking about the broader implications of the Solyndra collapse, I could not help but draw parallels to a similar federally-funded green project that has not panned out as expected: Destiny USA.
Contractor Bookkeeping
NOVEMBER 3, 2012
When the labor, material, other costs and subcontractor bills start piling up the remodel contractor asks for a construction draw and is told the bank needs a Pay Application filled out and submitted. Then it will take a while for the bank inspector to review the project and approve the draw. The Solution.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
PSMJ Resources
APRIL 27, 2009
Market instability is keeping some projects from even reaching the drawing board, the article cites local Wichita-area firms are saying. slow down work during the recession or even file for bankruptcy in the case of mall owner General Growth.
Construction Lawyer
MAY 13, 2013
What if the borrower defaulted because it ran out of money and was left with no other choice but to file for bankruptcy protection? How can the architect get paid if the borrower has filed for bankruptcy protection? The short answer is that the architect will not get paid. This gives the architect substantial bargaining power.
BD+C
AUGUST 21, 2024
In 2012, the company declared bankruptcy, bringing an end to a monumental chapter in photography’s history. This includes next-gen augmented reality glasses that enable workers to access and manipulate digital drawings as if they were right in front of them. The decision to stay stuck in its ways cost Kodak greatly.
NH Construction Law
OCTOBER 22, 2023
Worse, a lawsuit against the general contractor or subcontractor for breach of contract after abandonment of the project will almost certainly be futile; the default on its loan usually signals that it won’t be able to pay a judgment and is probably headed for bankruptcy.
Pro Builder
OCTOBER 3, 2020
Shortly after, I read another piece on bankruptcies in home building, and soon I was thinking of the more than 250 builders I’ve worked with over more than three decades and wondering: Does this “ Anna Karenina Principle ” about families also apply to home building? So terribly fragile. Just how fragile is your organization?
Expert insights. Personalized for you.
120 
Let's personalize your content