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A Force Majeure Decision during the COVID-19 Pandemic

Green Building Law Update

In a motion in a Bankruptcy case the landlord demanded payment of post petition rent from the Hitz Restaurant Group or that the Chicago restaurant vacate the premises immediately. The Bankruptcy judge, the Honorable Donald R. Bankruptcy Court, Northern District of Illinois, Eastern Division, June 3, 2020.

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How to Stop Further Deterioration of Distressed Commercial Assets

HardHatChat

Whether you’re a bank with distressed commercial real estate assets on your balance sheet, or you’re a real estate investor/developer who purchased a foreclosed commercial property, creating a viable workout plan can be an uphill battle. I’m not going to sugar coat it.

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Turbocharging Motown’s Recovery

Buisness Facilities Contributed Content

A few hours after the pixels for that post were hatched, Detroit announced it had become the largest city in history to file for bankruptcy protection. We are committed to helping make that future a reality,” the bank said, in an internal document acquired by The Detroit Free Press and posted online.

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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. 13 - Your Bookkeeper - Is the primary contact for your company''s banks, auditors, creditors, etc. #14

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Completed Operations: A Contractor’s Guide to Coverage, Cost, & More

Levelset

The general liability portion protects the contractor from damages incurred while the contractor is on-site or at their warehouse or office. Completed operations coverage is bundled with a contractor’s general liability policy. Completed operations covers liability from work that is already completed (i.e., not in progress).

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Home Builder Success and the Fragility of Good Things

Pro Builder

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?

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Serious And Funny Construction Definitions Contractors Enjoy Reading

Contractor Bookkeeping

24 Hour Bookkeeper - Bookkeeper that sits in your office quietly, no watering, no feeding, available to work around the clock, never wastes company time surfing the web or chatting on cell phone. Bad Numbers - Lead to bad decisions / cash shrinks / business unstable / bankruptcy or failure.