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McDermott board brings on bankruptcy experts

Construction Dive

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

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Architecture for Humanity closes office, files for bankruptcy

BD+C

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.

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Architecture for Humanity closes office, plans to file for bankruptcy

BD+C

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.

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How to Stop Further Deterioration of Distressed Commercial Assets

HardHatChat

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.

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Chinese Military Hackers Charged with Disrupting U.S. Solar Market

Green Building Law Update

The indictment made public this past Monday, alleges that Wen Xinyu, one of five named defendants, who is officer in Unit 61398 of the Third Department of the Chinese People’s Liberation Army, hacked the computers of U.S. And while the mainstream media described the U.S. Steel been damaged, but every U.S.

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Hostess To Reopen In Emporia, KS; Will Create More Than 300 Jobs

Buisness Facilities Contributed Content

I am delighted with the progress we have made upgrading the Emporia facility since we acquired Hostess,” said Dean Metropoulos, the Chairman and Chief Executive Officer of Hostess. “We The RDA in collaboration with community leaders worked diligently over the past 15 months to ensure a positive outcome after the bankruptcy was announced.

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Modular Builder VBC On the Verge of $25-Million Buy for Katerra Assets

Pro Builder

Volumetric Building Companies (VBC) is in the final stages of a $25-million bankruptcy acquisition of Katerra’s former headquarters in Tracy, Calif. Tue, 08/03/2021 - 14:15. CEO Vaughan Buckley says VBC will reach out to some Katerra employees and customers.