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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
Bankruptcy Related Topics 
U.S. Nuclear Projects Teeter as Contractor Files for Bankruptcy
ENR Construction
MARCH 28, 2017
Westinghouse's bankruptcy filing adds more uncertainty to delayed nuclear expansion projects in Georgia, South Carolina
Trending Sources
Bahamian Government Blocks Resort Developer's U.S. Bankruptcy
ENR Construction
JULY 29, 2015
The Bahamian is seeking to take control over the resort developer's bankruptcy proceedings. Business Management
Litigation looms in MGT Construction's $28M debt, $50K assets bankruptcy
Construction Dive
JUNE 20, 2018
A Chapter 7 bankruptcy trustee asked the court for a special litigation council to try to uncover any of the defunct firm's "undisclosed assets" to help it pay the more than 500 companies and individuals it owes
Navillus Settles Into Normal Business Life After One-Year Bankruptcy
ENR Construction
JANUARY 9, 2019
New York City contractor's conflict with building trades unions appears over
Florida developer files for Chapter 11 bankruptcy protection
Construction Dive
MARCH 7, 2018
The filing comes amid lender claims that 550 Seabreeze Development defaulted on a $36.9 million mortgage loan for the Fort Lauderdale resort
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Employee-Owned Contractor C.C. Myers Files for Bankruptcy
ENR Construction
JULY 13, 2016
filed for Chapter 7 bankruptcy in California Eastern Bankruptcy Court On June 30, California contractor C.C. Myers Inc.
U.S. Nuclear Projects Teeter as Westinghouse Files for Bankruptcy
ENR Construction
MARCH 29, 2017
Westinghouse's bankruptcy filing adds more uncertainty to delayed nuclear expansion projects in Georgia, South Carolina
Trustee in bankruptcy case says MGT Construction may have "undisclosed assets" to pay $28M debt
Construction Dive
JUNE 19, 2018
A trustee in the case of MGT's Chapter 7 bankruptcy has asked the court to consider that the company may have more than the $50,000 in assets it claims
Bankruptcy Trustee Sues Chinese Over Solar Panel Dumping
Green Building Law Update
OCTOBER 9, 2013
Before the Energy Conversion Devices bankruptcy, it was a major player in the commercial and industrial rooftop solar market, achieving over $1 billion in sales employing more than 2,500 people before February 2012 when the company sought bankruptcy protection and ultimately was forced to liquidate.
How Liberty Mutual Prepared for Ballenger's Bankruptcy
ENR Construction
DECEMBER 18, 2012
Although one of 2012's biggest contractor defaults and bankruptcies may have surprised some unsecured creditors, Ballenger Construction's surety has been working on the company's problems since the summer.
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Florida hotel developer files for Chapter 11 bankruptcy protection
Construction Dive
MARCH 6, 2018
The filing comes amid lender claims that 550 Seabreeze Development has defaulted on a $36.9 million mortgage loan on the Las Olas Ocean Resort in Fort Lauderdale
Sudden Bankruptcy Stalls Bluegrass Music Museum Project
ENR Construction
FEBRUARY 7, 2017
In late November 2016, a local Owensboro, Ky., news report proclaimed that everything was going fine at the new Bluegrass Music Museum & Hall of Fame
Swanke Hayden Connell Files for Bankruptcy Protection
ENR Construction
JANUARY 13, 2015
A high-profile design practice with a glittering portfolio of projects, had dwindled to a small operation. Business Management
Contractor in deadly South Dakota building collapse files for bankruptcy protection
Construction Dive
JULY 24, 2018
Hultgren Construction, the contractor working on the Copper Lounge when it collapsed in December 2016, killing one and entrapping another, has filed for a Chapter 11 case that will divide its assets among its creditors
Contractor, Bahamian Government Fight Resort Developer Bankruptcy
ENR Construction
JULY 21, 2015
The latest courtroom maneuvers are occurring even as the contractor and developer participate in negotiations aimed at restarting construction of the $3.5-billion Baha Mar project. Business Management
Behind the Navillus Bankruptcy, a Union Contractor's Ties to Nonunion Firms
ENR Construction
DECEMBER 26, 2017
When do links between union and open-shop contractors violate union agreements
Architecture for Humanity closes office, plans to file for bankruptcy
BD+C
JANUARY 19, 2015
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.
Architecture for Humanity closes office, files for bankruptcy
BD+C
JANUARY 19, 2015
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.
Indiana Toll Road Operators Consider Bankruptcy
Construction Equipment
SEPTEMBER 17, 2014
Indiana Toll Road operators are considering filing for Chapter 11 bankruptcy to get out of their $6 million debt, nwitimes.com reported. Toll Road operation should not be affected by the bankruptcy filing or change in management The Indiana Toll Road operators would also sell their rights to operate the road, requiring the 157-mile road come under new management.
Out of Bankruptcy, Texas Toll Road Begins Reconstruction
ENR Construction
SEPTEMBER 20, 2017
Jordan Foster Construction will break ground on a $60-million reconstruction project next month on SH 130, in central Texas, to fix cracking and heaving problems along the 41-mile roadway
Bankruptcy Brings Nearly Completed Resort Project to a Halt
ENR Construction
JULY 8, 2015
With the project at 97% completion, the Bahamas-based developer seeks protection from creditors and puts the blame on the contractor, China Construction America. Business Management
$170 million down the drain: Lessons to learn from Quirky’s bankruptcy
Construction Marketing Ideas
OCTOBER 2, 2015
The quirky.com website (scrolling down from the bankruptcy notice at its top.) The bankruptcy notice. This business managed to blow $170 million in venture capital in less than seven years.
Truland Group Units File For Bankruptcy Protection
ENR Construction
JULY 25, 2014
The country''s 10th largest electrical contractor shuts down, files for protection from creditors and strands projects and workers. Business Management
Feature Story: Michigan Governor’s Report – Reinventing Michigan
Business Facilities Blog
OCTOBER 29, 2014
Great Lakes Workforce Training/Skilled Workforce Bankruptcy BF-Sept/Oct-2014 Career Jump Start Healthy Michigan Michigan Economic Development Corporation Business Facilities (BF) Magazine. Rick Snyder has identified core problems and brought stakeholders together to solve them in an effort the governor likes to call relentless positive action. Feature Story: Michigan Governor’s Report – Reinventing Michigan appeared first on Business Facilities (BF) Magazine.
How High Profit Jobs Send Contractors Into Bankruptcy
Contractor Bookkeeping
NOVEMBER 3, 2012
You have what appears to be a high profit job and now you are thinking you have it made and I hope you are right!
Indiana Warns I-69 Section's Bankrupt Concessionaire: Pay Contractors Now
ENR Construction
SEPTEMBER 6, 2016
Indiana has had two P3 bankruptcies within two years
Indiana I-69 Project Copes with Concessionaire's Financial Flop
ENR Construction
SEPTEMBER 5, 2016
Indiana has had two P3 bankruptcies within two years
Contractor Cites Pension Fund Claim as Reason for Bankruptcy
ENR Construction
JANUARY 20, 2015
Tennessee masonry contractor Wasco takes an unusual step in seeking protection during a messy disagreement over millions a union pension fund says the company owes. Business Management
Contractor Seeks Bankruptcy After Union Pension Fund Judgment
ENR Construction
JANUARY 14, 2015
A Tennessee masonry contractor''s filing is connected to the company''s withdrawal from a plan agreement with a bricklayers'' local. Business Management
Fear Of Bankruptcy Looms Over Bridge, Rail Conferences
ENR Construction
JUNE 25, 2014
transportation builders keep calm and carry on as federal trust fund keeps dwindling. Infrastructure
California’s RCR Plumbing & Mechanical to be liquidated pursuant to a U.S. Bankruptcy Court order
Contractor Magazine
OCTOBER 23, 2012
is auctioning a wide range of assets on October 30 from plumbing and pipeline contractor RCR Plumbing & Mechanical, which filed for Chapter 11 bankruptcy protection last year. Tiger Group’s Remarketing Services division, in cooperation with Hackman Capital’s Equipment Acquisition Co., read more. Management Plumbing
Time Out: Dealing with the Automatic Stay of Bankruptcy in.
Best Practices Construction Law
FEBRUARY 27, 2012
When Toll Road Traffic Flows Fall Short
ENR Construction
AUGUST 24, 2016
Bankruptcy of Texas’ First Public-Private Highway Venture Puts Focus on Traffic Projections
When Traffic Flows Fall Short
ENR Construction
AUGUST 24, 2016
Bankruptcy of Texas’ First Public-Private Highway Venture Puts Focus on Traffic Projections
All the Firms Lost in the Flood
Construction Knowledge
MARCH 15, 2013
I know I’ve been blessed to not have to go through that painful process of bankruptcy. Construction construction bankruptcyWhen I was a young teenager, I loved Bruce Springsteen’s Greetings from Asbury Park.
Recession recovery spotty among American cities: WalletHub report
BD+C
AUGUST 1, 2014
Since 2008, 13 municipalities have filed for bankruptcy. read more. Architects Building Owner Contractors Designers Engineers Facility Managers
Chorus Rises Against Outsourcing After Carillion's Collapse
ENR Construction
JANUARY 24, 2018
contractor Carillion PLC was a major government supplier before spiraling debt forced it into bankruptcy on Jan. From brick-and-mortar construction projects to providing school meals, U.K.
Special legal team could tap MGT Construction's "undisclosed assets" to pay $28M debt
Construction Dive
JUNE 19, 2018
A trustee in the case of MGT's Chapter 7 bankruptcy has asked the court to consider that the company may have more than the $50,000 in assets it claims
Construction Week: Insurer Receives Binladin Claim For Mecca Crane Collapse; Everglades Job Advances
ENR Construction
SEPTEMBER 23, 2015
Judge Ends Bahamian Resort Bankruptcy Claim. ARCADIS Now Single Brand for Global Firm’s Acquired Units; U.S. Business Management
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