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.
Levelset
SEPTEMBER 16, 2022
In this article, we’ll explain how completed operations coverage works, and how it protects contractors and subcontractors. Completed operations coverage provides legal defense of the claim, which is found to be not of merit. Learn more: The most common types of insurance policies in construction.
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Buisness Facilities Contributed Content
AUGUST 29, 2013
Education & Research, Energy & Sustainability, Aerospace & Defense. The Carlyle Group LP-owned company, which had been co-headquartered in Baltimore and Houston, said it would use bankruptcy to restructure debt and sell its assets to EQT Infrastructure in a $455-million deal, according to a report in the Baltimore Sun.
Buisness Facilities Contributed Content
JANUARY 28, 2013
.” “This is a significant milestone in our restructuring and represents substantial progress that we expect will allow us to continue down a path toward successfully emerging from bankruptcy,” Spanjers said. Tentative plans call for the move to Minnesota to be completed by May 2013.
Contractor Bookkeeping
OCTOBER 3, 2014
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. For the full article [link]. 07 - Your Bookkeeper - Gets defensive when you or your CPA asks questions. #08
Business Facilities
AUGUST 1, 2014
Yes, we know that Detroit became the largest city in history to file for bankruptcy protection, a process the city is expected to emerge from this year. Cerberus, an equity player who had acquired a majority stake in Chrysler from German auto giant Daimler-Benz in 2007, went into bankruptcy in 2009.
Buisness Facilities Contributed Content
MARCH 21, 2014
INCOME TAX CAPITAL CREDIT: Currently codified as Article 7, Chapter 18, Title 40, Code of Alabama 1975. Higher credits (3 to 8 percent, depending on tier status) are available for investments in recycling or pollution control equipment and for defense plant manufacturing conversion to a new product. Qualifying defense contractors.
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