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Contractor, Bahamian Government Fight Resort Developer Bankruptcy

ENR Construction

The latest courtroom maneuvers are occurring even as the contractor and developer participate in negotiations aimed at restarting construction of the $3.5-billion billion Baha Mar project.

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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. This summer, a federal judge will decide whether to approve a plan that would allow the city to exit bankruptcy court by mid-October.

Detroit 49
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How to Protect Your Business When Employees Get Poached

Pro Builder

Businesses looking to negotiate this rocky terrain have a valuable tool at their command: restrictive covenants. A decline in business from certain clients, or their bankruptcy. The Link Between Employee Motivation and Loyalty. 3 Ways to Optimize Employee Performance. After Recruiting and Hiring, Put in the Work to Keep Employees.

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Rough weekend for Modern Continental

PSMJ Resources

According to Saturday's Boston Globe , prosecutors said they brought the charges after plea negotiations wtih the company broke down. Fast-forward to earlier today, when Modern Continental filed for Chapter 11 bankruptcy protection, according to the Boston Business Journal. The company listed URS Corp. million and $3.2

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Guest Blog – 5 Common Misconceptions About Surety Bonds

Construction Law Monitor

A recent case of this is the bankruptcy of the 105-year-old company Truland Group Inc. In the event of bankruptcies and pending claims, there is nobody else but the surety provider to cover the costs. While it might be surprising to some, this is not true. Washington, D.C.’s ’s largest electrical contractor.

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International Arbitration Experts Discuss The Impact On The Global Economy

Constructlaw

The economic hardships that have resulted have exposed many businesses to financial strain and led to an increased number of high-profile insolvencies and bankruptcies. In addition, the insolvency of an award debtor may present a real hurdle to the enforcement of any monetary arbitral award.

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Elio Motors Announces Vehicle Manufacturing Facility In Shreveport, LA

Buisness Facilities Contributed Content

Bankruptcy Court settlement agreement to redevelop former GM locations. “We The Caddo Parish Commission also is negotiating potential incentives to support Elio’s redevelopment of the former GM site. Elio Motors is purchasing the GM plant from the Revitalizing Auto Communities Environmental Response Trust, known as the RACER Trust.