Contractor Bookkeeping

SEPTEMBER 3, 2021

You started your construction business with plans of earning a living and being successful, but an unfortunate fact of business life is that companies suffer financial hardships. Almost all business sectors have experienced declining profits, liquidity that is drying out, and even bankruptcy.

Bankruptcy 77

Bankruptcy Finance Construction Profitability 77

Construction Dive

JULY 1, 2020

The reorganization eliminates $4.6 billion of debt and provides the energy contractor's management with 7.5% of newly issued equity.

Bankruptcy 96

Bankruptcy Debt Equity Contractors 96

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.

Bankruptcy 113

Bankruptcy Contractors Management Construction 113

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.'

Bankruptcy 48

Bankruptcy Indiana Roads Debt 48

Construction Business Owner

MAY 28, 2014

The project, which was completed six years ago, was a virtual encyclopedia of what can go wrong during construction—unexpected soil and groundwater conditions, the bankruptcies of two major subcontractors, and struggles in executing a design advertised as cutting-edge.'

Bankruptcy 189

Bankruptcy Legal Construction Management 189

Construction Dive

FEBRUARY 14, 2020

The energy contractor, which filed Chapter 11 in January, has asked a bankruptcy judge for $26.8 million in total incentives for 13 management team members with the rest intended for 1,112 other key employees.

Bankruptcy 164

Bankruptcy Contractors Management 164

Construction Dive

MARCH 17, 2020

If passed in the Senate, the plan could lead to industry layoffs, bankruptcies and delays in the construction of medical and emergency facilities, according to the Associated General Contractors of America.

Bankruptcy 94

Bankruptcy AGC Housing America 94

Contractor Bookkeeping

SEPTEMBER 11, 2020

Almost all business sectors have experienced declining profits, liquidity that is drying out, and even bankruptcy. Nevertheless, the rough and tumble world of construction company ownership is not for the weak or the timid.

Bankruptcy 76

Bankruptcy Profitability Construction Industrial 76

ENR Construction

MARCH 22, 2022

But the former president of Bondfield Construction, once a major Ontario public contractor, will appeal the repay order, which the court said is based on a bankruptcy monitor's allegation of fraudulent invoicing.

Bankruptcy 68

Bankruptcy Contractors Construction 68

Construction Dive

JANUARY 21, 2020

The struggling energy construction giant announced it will file a prepackaged restructuring plan at the U.S. Bankruptcy Court in Houston today.

Bankruptcy 88

Bankruptcy Houston Plans Construction 88

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.

Bankruptcy 28

Bankruptcy Claims California Accounting 28

Pro Builder

JUNE 3, 2021

SoftBank-Backed Construction Technology Startup Katerra Set to Close. Katerra entered the industry with a hefty goal: to revolutionize the $12 trillion global construction industry. It laid off hundreds of employees last year and neared bankruptcy. Off-Site Construction. cbroderick. Thu, 06/03/2021 - 10:13. Read More. .

Bankruptcy 52

Bankruptcy Debt Construction Commissioning 52

Autodesk Construction Cloud

FEBRUARY 1, 2024

A strong financial base in construction is as vital for success as a solid physical foundation is for any building project. Paired with razor-thin profit margins, it’s increasingly difficult for construction firms to build and maintain the financial foundation necessary to compete and thrive in the industry.

Autodesk 87

Autodesk Cash Flow Construction Risk 87

ENR Construction

JUNE 3, 2022

The owner's filing noted it had begun a court-led financial restructuring process “to achieve the project's orderly and safe wind-down.”.

Bankruptcy 66

Bankruptcy 66

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.

Bankruptcy 49

Bankruptcy Contractors Construction Management 49

ENR Construction

JANUARY 24, 2019

Major electric grid work is ahead in PG&E’s territory, whether or not the California electric and gas utility files for bankruptcy.

Bankruptcy 29

Bankruptcy Electrical California 29

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.

Bankruptcy 60

Bankruptcy Debt Regulation Contractors 60

Construction Dive

MARCH 11, 2020

The future of one of the country's largest energy contractors will be discussed tomorrow in Houston.

Bankruptcy 72

Bankruptcy Houston Contractors 72

ENR Construction

AUGUST 5, 2014

Scarborough''s bankruptcy filing provides a snapshot of his financial dealings, amounts owed to creditors and his personal property. Business Management'

Bankruptcy 44

Bankruptcy Deals Management 44

Construction Dive

APRIL 22, 2019

The real estate mogul wants to finish a construction budget for the property, which a prior developer had sunk billions into before a 2009 bankruptcy.

Las Vegas 89

Las Vegas Bankruptcy Budgeting Budget 89

Construction Dive

NOVEMBER 26, 2019

The move comes ahead of a deadline to receive a rescue financing package and follows the resignation of the company's Chief Financial Officer.

Bankruptcy 65

Bankruptcy Finance Office 65

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. It had some of the best and brightest minds in the business. Alas the idea didn’t work.

Bankruptcy 48

Bankruptcy Cash Flow IDEA Management 48

ENR Construction

MAY 4, 2022

The company owes millions to creditors, including numerous staff and retirees.

Bankruptcy 70

Bankruptcy Design 70

ENR Construction

JULY 13, 2016

filed for Chapter 7 bankruptcy in California Eastern Bankruptcy Court. On June 30, California contractor C.C.

Bankruptcy 28

Bankruptcy Contractors California 28

Chianelli Estimating

JANUARY 30, 2020

Construction estimating is an important task that should not be overlooked or done in a careless manner. Failing to prepare a reliable construction estimate could make the difference between a successful project and a complete fiasco aided by a calamity of errors. Preparing an estimate does not come without a cost.

Estimating 78

Estimating Construction Bidding Bankruptcy 78

ENR Construction

JUNE 7, 2021

Firm, operating as a designer, contractor and supplier, cites a range of factors for its financial trouble.

Bankruptcy 80

Bankruptcy US Contractors Design 80

ENR Construction

SEPTEMBER 8, 2022

The city's lawsuit, seeking $20 million plus damages, is part of bankruptcy proceedings for GT Real Estate Holdings, the project owner.

Bankruptcy 64

Bankruptcy 64

ENR Construction

MAY 4, 2022

The company owes millions to creditors, including numerous staff and retirees.

Bankruptcy 64

Bankruptcy Design 64

ENR Construction

SEPTEMBER 8, 2022

The city's lawsuit, seeking $20 million plus damages, is part of bankruptcy proceedings for GT Real Estate Holdings, the project owner.

Bankruptcy 60

Bankruptcy 60

ENR Construction

MARCH 29, 2017

Westinghouse's bankruptcy filing adds more uncertainty to delayed nuclear expansion projects in Georgia, South Carolina.

Bankruptcy 28

Bankruptcy South Carolina Georgia 28

ENR Construction

MARCH 28, 2017

Westinghouse's bankruptcy filing adds more uncertainty to delayed nuclear expansion projects in Georgia, South Carolina

Bankruptcy 28

Bankruptcy South Carolina Georgia Contractors 28

ENR Construction

JULY 27, 2021

PG&E's multi-year commitment to wildfire mitigation, which comes as it admits role in Dixie Fire start, could cost post-bankruptcy firm $15-$20 billion.

Bankruptcy 74

Bankruptcy Risk California 74

ENR Construction

JULY 27, 2021

PG&E multi-year commitment to mitigation comes as it admits role in Dixie Fire start; effort could cost post-bankruptcy public firm $15-$20B and one research analyst notes high feasibility and permitting risks.

Risk 69

Risk Bankruptcy Feasibility Permits 69

ENR Construction

DECEMBER 31, 2019

Energy megaproject builder, with past reported losses, is talking to lenders for $2B to operate, and a Chapter 11 filing may be weeks away, reports say.

Bankruptcy 63

Bankruptcy Contractors 63

Construction Dive

MARCH 11, 2020

The confirmation by Bankruptcy Court Judge David R. Jones eliminates more than $4.6 billion of debt for the beleaguer?ed ed energy contractor.

Bankruptcy 72

Bankruptcy Debt Contractors 72

Construction Business Owner

FEBRUARY 27, 2013

It is always possible to turn a poorly performing company away from bankruptcy. In the construction industry, few individuals know this better than Doug Pruitt, former CEO of Sundt Construction and co-author of “Level Headed: Inside the Walls of One of the Greatest Turnaround Stories of the 21st Century.”

Bankruptcy 153

Bankruptcy Profitability Industrial Construction 153

ENR Construction

JULY 29, 2015

The Bahamian is seeking to take control over the resort developer's bankruptcy proceedings.

Bankruptcy 28

Bankruptcy Management 28