What can be gleaned from 2018's highest-profile construction bankruptcies?
Construction Dive
JANUARY 16, 2019
Causes of last year's significant bankruptcies varied, and though some were beyond contractors' control, there are lessons to be learned.
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FIU bridge collapse contractor files for bankruptcy
Construction Dive
MARCH 5, 2019
Magnum Construction Management said that the Chapter 11 filing is not an attempt to shirk responsibilities related to the deadly March 2018 incident.
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Auditing Giant KPMG Fined $18M Linked to Carillion Bankruptcy
ENR Construction
MAY 17, 2022
UK levies penalty for firm's misleading regulators into the quality of its financial audit of British contractor before its unexpected collapse under huge debt in 2018.
PG&E Faces Jury Trial for Fire as Bankruptcy Continues
ENR Construction
AUGUST 28, 2019
A federal bankruptcy judge has ruled that a jury should determine whether Pacific Gas & Electric Corp. is responsible for the Tubbs fire of 2017, one of California’s worst wildfires, which could account for as much as two-thirds of the wildfire claims for 2017 and 2018.
San Francisco Eyes PG&E Grid as Utility Preps for Fire Season
ENR Construction
JUNE 12, 2019
San Francisco on June 4 hired a financial advisor as it considers buying distribution assets from the beleaguered utility Pacific Gas & Electric, which filed for voluntary bankruptcy protection in January as it faced more than $30 billion in liabilities stemming from 2017 and 2018 wildfires that burned many thousands of acres and destroyed thousands (..)
Does a Lien Affect Your Credit Score?
Levelset
JULY 5, 2022
Credit bureaus can collect public information from state and county courts, including bankruptcies. Negative credit events, like bankruptcies, foreclosures, and lawsuits, can stay on your credit history up to seven years after they are satisfied. Overdue debt that has been sent to collections also influences your score.
Vaughan Buckley on Restarting a Former Katerra Factory
Pro Builder
JANUARY 3, 2022
In a 2018 interview with Pro Builder, Vaughan Buckley, then president of his own construction company in Philadelphia, stated his intent to be at the forefront of what he envisioned as a vastly different construction market by 2030. PB: What is happening with former Katerra customers whose projects were left stranded by the bankruptcy?
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