Bankruptcy Claims Contract Debt 
NH Construction Law
NOVEMBER 23, 2019
Suppose the owner files for bankruptcy protection before that step is taken. It is tempting to conclude that such retroactive effect is accomplished by RSA 447:9 , which states that mechanic’s liens “shall take precedence of all prior claims except liens on account of taxes.” described in such statement of claim.”
Best Practices Construction Law
AUGUST 24, 2012
Through the years of consulting with folks in the construction industry about mechanics lien and bond claims, I’ve unearthed a set of principles to help navigate the very complicated world of liens. They barely even mentioned that they could file a bond claim, and that this is commonly even referred to as a lien.
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NH Construction Law
MAY 28, 2018
The main advantage of such “trust fund” provisions is in bankruptcy; trust funds are not considered assets of the subcontractor/debtor that can be distributed to general creditors. But hey, who ever said that general contracting was risk-free? I generally do not recommend this except as a last resort.
Buisness Facilities Contributed Content
APRIL 15, 2014
State Credits available against the Corporate Income Tax: Education Credit (AS 43.20.014): Taxpayers that contribute to vocational education programs or accredited Alaska universities or colleges for educational purposes or facilities may claim a tax credit for 50% of the first $100,000, 100% of the next $200,000, and 50% of further contributions.
Buisness Facilities Contributed Content
MARCH 21, 2014
The program is capped at 10,000 new jobs being claimed each year by all participants; whereas a taxpayer is limited to a maximum of 400 new jobs per year. Qualified research expenses generally include wages, supplies and contract research costs. Eligibility qualifications are different for rural and metro areas.
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