Remove 2013 Remove Bankruptcy Remove Defense Remove Security
article thumbnail

#130:  Secured Lenders' Rights to Construction Contract Payments

NH Construction Law

It happens this way: A contractor or subcontractor borrows money from a lender, and as security for the loan it gives the lender an assignment of or lien on its receivables and contract rights. No one thinks to ask whether the contractor has pledged its receivables to secure a loan or line of credit. Reading Cooperative Bank v.

article thumbnail

BUSINESS REPORT: Maryland — SSA’s New Data Hub Moves Forward In Urbana

Buisness Facilities Contributed Content

Conceptual layout of the Social Security Administration’s new data center in Urbana. From the May/June 2013 issue. The General Services Administration’s (GSA) Mid-Atlantic Region and the Social Security Administration (SSA) are collaborating to design and construct the SSA’s new National Support Center in Urbana, MD.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Stop Bookkeeper Embezzlement In Your Construction Company

Contractor Bookkeeping

Being Ripped-Off And Driven Into Bankruptcy! This is, always has been and will continue to be a major headache and in some cases the direct cause for construction company owners to file business and personal bankruptcy. 07 - Your Bookkeeper - Gets defensive when you or your CPA asks questions. #08 For the full article [link].

article thumbnail

Cover Story: 2014 Business Facilities – Metro And Global Rankings

Business Facilities

A central element of the public-private partnership that secured the IBM center is the construction of a mixed-use, riverfront complex that will be developed by Commercial Properties Realty Trust (CPRT), a real estate investment trust that manages and develops property holdings of the Baton Rouge Area Foundation (BRAF). In late 2013, Gov.

Metro 111
article thumbnail

State by State Incentives Guide

Buisness Facilities Contributed Content

Oil and Gas Service Industry Manufacturing Credit (AS 43.20.049): As part of the More Alaska Production Act passed in 2013, this is a credit of 10% of qualified oil and gas industry service expenditures, up to $10 million per taxpayer per year. Borrowers with over 500 employees are ineligible for this program.

Income 108
article thumbnail

STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

FOREIGN TRADE ZONES (FTZs): Secured areas legally outside of U.S. The company’s obligation to repay the loan is secured by a direct-pay Letter of Credit from a bank rated ‘A’ or better. corporations whose sole activities in CT are trading stocks, securities or commodities of their own account.

Income 75