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Transforming Construction Payments: Autodesk's Strategic Move with Payapps Acquisition 

Autodesk Construction Cloud

Late payments and non-payments are, unfortunately, pivotal contributors to declining contractor productivity eventually, in some cases, leading to bankruptcy for many GCs and subcontractors. Accordingly, it will have no material impact on Autodesk’s fourth quarter and fiscal year 2024 guidance presented on November 21, 2023.

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Pinnacle Airlines Corp. Headquarters Will Relocate to Minnesota

Buisness Facilities Contributed Content

The present headquarters location in Memphis, TN was also evaluated. Both Memphis and the State of Minnesota presented very strong cases. Pinnacle presently occupies 170,000 square feet at One Commerce Square in downtown Memphis, which houses approximately 500 employees. Pinnacle Airlines Corp.

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Covid-19 and travel: Heathrow boss says social distancing ?impossible? in airports

Construction Test

Many carriers face bankruptcy or nationalisation if the industry can’t get back to normal before a vaccine arrives, Holland-Kaye said, adding that the airport’s shareholders are burning through 200 million pounds a month ($250 million) at present.

Travel 26
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Architect's Consent to Assigment

Construction Lawyer

Seldom is the architect presented with a draft of the bank’s proposed language prior to the architect executing its agreement with the owner. It is only after the project is well under way that the onerous language of the bank’s version of the architect’s consent to assignment is first presented to the architect for signature.

Banking 45
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International Arbitration Experts Discuss The Impact On The Global Economy

Constructlaw

According to one study, there are presently more than 5,300 pandemic-related filings in the United States. 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.

Claims 40
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#67:  Paying Your Subcontractor's Employees

NH Construction Law

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. If the sub falsely swears (it happens!), any principal of the sub signing the lien waiver may also be liable to the general.

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The experts have spoken: We can and should be optimistic despite COVID-19

Lets Build

During the Town Hall discussion, Dr Jan Mischke presented a very interesting research, conducted by the McKinsey Global Institute , on the different potential scenarios for the day after COVID-19: Source: McKinsey & Company.