Katerra Files for Bankruptcy, Seeks to Reorganize US Operations
ENR Construction
JUNE 7, 2021
Firm, operating as a designer, contractor and supplier, cites a range of factors for its financial trouble.
The shopping mall value chain - fixing its weakest links
BD+C
JUNE 5, 2018
US shopping mall owners are starting to report their Q1 results, and they paint a complicated picture for the changing brick and mortar retail landscape. While mid-market stores like Bon-Ton and Toys R Us are filing for bankruptcy, retail purchases are accelerating faster than they have since the Great Recession.
Bankruptcy 
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US Slavery Museum: A Primer on How Not to Develop a Project
Construction Knowledge
OCTOBER 3, 2012
Douglas Wilder announced that he would build a $100M US Slavery Museum. The Museum filed for bankruptcy, then rescinded their request. To make matters worse, the donated land has a restriction that requires it to be used for a museum. Twenty years ago , then Virginia governor L. So what’s happening now?
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How to Stop Further Deterioration of Distressed Commercial Assets
HardHatChat
OCTOBER 15, 2009
According to the fall 2009 issue of Development magazine, while hotels and retail properties are the most problematic in terms of default, foreclosure or bankruptcy, office distress is up 118 percent year-to-date in 2009 versus 2008. Feel free to email us at info@Englewoodconstruction.com. Bill Di Santo. Tel: 847-233-9200 x710.
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Copying Past Construction Accounting Entries Is A Bad Idea
Contractor Bookkeeping
JUNE 12, 2013
Lately a number of contractors have contacted us about the messed up financial reports and job costing reports coming out of their QuickBooks contractor files. If the contractor believes the company is undercharging they may raise bid prices, lose jobs, eventually run out of cash and file bankruptcy.
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Pinnacle Airlines Corp. Headquarters Will Relocate to Minnesota
Buisness Facilities Contributed Content
JANUARY 28, 2013
They all were very aggressive in working with us and our decision was difficult to make.” ” “This is a significant milestone in our restructuring and represents substantial progress that we expect will allow us to continue down a path toward successfully emerging from bankruptcy,” Spanjers said.
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53 Hostess To Reopen In Emporia, KS; Will Create More Than 300 Jobs
Buisness Facilities Contributed Content
APRIL 25, 2013
We have expanded the bakery’s capacity significantly, which will result in meaningful job growth in the Emporia community and ultimately help us achieve our goal of bringing Hostess products back to the shelves for our customers as quickly as possible. Once again, Emporia has earned its reputation as a community that speaks with one voice.”.
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Lifeway Foods Acquires Golden Guernsey Dairy Plant For $7.4 Million
Buisness Facilities Contributed Content
MAY 17, 2013
The Golden Guernsey plant was shuttered this past January following a bankruptcy filing, leaving 112 employees without jobs. Sales of probiotic foods and supplements jumped 79 percent over the past two years, settling at US$2.25 Lifeway plans to reopen the plant this summer and rehire a portion of the workforce to staff the facility.
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Relationships, ethics and marketing: Where are the boundaries?
Construction Marketing Ideas
JANUARY 20, 2016
If price is the criteria, then usually some sucker or desperate business takes the work, hoping for the best but usually heading down the road to bankruptcy (assuming the low bid really is fulfilled at that rate and there aren’t any tricky change orders underneath the surface.).
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Can We Make Home Building a Little Less ‘Interesting?’
Pro Builder
JULY 26, 2021
Just 18 months ago, none of us anticipated our current state of affairs. Those of us around for the “dot-com revolution” just over 20 years ago will vividly recall the plethora of latest, greatest technology that promised to change the home building universe forever. How could we? Beyond Value Engineering. Apply technology.
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The experts have spoken: We can and should be optimistic despite COVID-19
Lets Build
MAY 1, 2020
It’s forcing us to strive for more innovation and much more rapid solutions,” highlighted David Philp, Global BIM/IM Consultancy Director at Aecom and Head of B.I.M In this case, one must assume that significant and lasting damage to the economic fabric with lots of bankruptcies, corporate debt fall-outs, and so on will have happened.
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Coronavirus and airline travel in Europe: No empty plane seats under EU plan
Construction Test
MAY 15, 2020
Some US airlines have already implemented distancing measures, with some blocking middle seats, pausing automatic upgrades and changing the boarding process. IATA, which has estimated the coronavirus crisis could cost airlines a total of $US314 billion, recommended facemasks be worn during flights but not blocking off the middle seats.
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About epiphanies — and discovering amazing answers
Construction Marketing Ideas
MARCH 2, 2015
I’m intrigued about how many people have experienced them in relation to the overall population, and (for those of us who have had the experience), how often they happen in our lifetimes. Epiphanies often have religious connotations. Yet, in many ways, the second epiphany, in April 1991, had even more dramatic impact on my life.
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Stop Bookkeeper Embezzlement In Your Construction Company
Contractor Bookkeeping
OCTOBER 3, 2014
Being Ripped-Off And Driven Into Bankruptcy! Most of our contractor clients will listen carefully and thoughtfully when we offer advice and words of wisdom because they know, like and trust us and are aware that everyone on here at Fast Easy Accounting have many years of "Real World Construction Experience", not simply academic egg-heads.
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Airlines and coronavirus: The suprising airline magnate considering a bid for Virgin Australia
Construction Test
MAY 16, 2020
IndiGo’s home market is fiercely competitive, with half a dozen major carriers duking it out even after Jet Airways was forced into bankruptcy last year. It’s not hard to see the attractions. For all that, Bhatia should pass up the chance to have a crack at Virgin Australia.
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Be Ready to Lien in 2009 (But be Careful)
Help Everybody Everyday
APRIL 29, 2009
As all of us in construction know, and as reported in the AGC Smart Brief , the beginning of 2009 and through 2010 will likely show an even greater downturn in the commercial and residential markets. 2009 is likely to be a year in which many construction liens are filed.
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Elio Motors Announces Vehicle Manufacturing Facility In Shreveport, LA
Buisness Facilities Contributed Content
FEBRUARY 15, 2013
Bankruptcy Court settlement agreement to redevelop former GM locations. “We That saves us a tremendous amount of capital right up front.” Elio Motors is purchasing the GM plant from the Revitalizing Auto Communities Environmental Response Trust, known as the RACER Trust. RACER is an independent trust created by a U.S.
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SNAPSHOTS: 60 Seconds…with Stephen Moret, Secretary, Louisiana Economic Development
Buisness Facilities Contributed Content
OCTOBER 22, 2013
city in history to file for bankruptcy. That incentive helped us secure the largest manufacturing project in state history—the $16-21 billion Sasol gas-to-liquids (GTL) and ethane-cracker complex in Southwest Louisiana. The manager will determine what he can salvage from a legacy of decline that recently made Motown the largest U.S.
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Contractor Cash Flow Problems Caused By A Bookkeeping Troll
Contractor Bookkeeping
MARCH 7, 2013
Later that day he tried using his credit cards to buy gas and they were all declined. The contractor contacted us for help and advice. He needed help deciding to close his business, file bankruptcy and go to work for a competitor as a superintendent or turn his business around and make a go of it.
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49 Seven Things to Do When an Owner Doesn’t Pay
Constructonomics
MAY 2, 2014
But this time around, we were expecting to get paid at the end of a job when, basically, the rug was ripped out from under us. I also know that the school district won’t dissolve all of a sudden or declare bankruptcy. We pretty much had every asset in the company thrown into the project so there was nothing left.
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Construction Change Order Phobia Increases Stress Reduces Profits
Contractor Bookkeeping
JUNE 18, 2012
The Contractor - Did eventually file bankruptcy and lost everything including his home and more than I care to discuss here. Hopefully He Will Read - Some of what I have and contact us as we have lost contact with him. The contractor hired him because he was a referral from someone at one of "The Contractor's Round Table" meetings.
Vaughan Buckley on Restarting a Former Katerra Factory
Pro Builder
JANUARY 3, 2022
Buckley talks with us about restarting the plant, tapping into Katerra’s technology and people, and his new openness to horizontal integration. . So folks that are constructing their buildings with modules are coming to us, saying we need a factory, and we have had one or two factories reach out for shared capacity as well.
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BUSINESS REPORT: Wisconsin — Wisconsin Wind Works: A Powerful Partner In Wind Energy
Buisness Facilities Contributed Content
AUGUST 15, 2013
The Golden Guernsey plant was shuttered this past January following a bankruptcy filing, leaving 112 employees without jobs. Sales of probiotic foods and supplements jumped 79 percent over the past two years, settling at US$2.25 Lifeway plans to reopen the plant this summer and rehire a portion of the workforce to staff the facility.
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49 BUSINESS REPORT: Maryland — SSA’s New Data Hub Moves Forward In Urbana
Buisness Facilities Contributed Content
AUGUST 29, 2013
ODEC’s proposal is advantageous to our members because it enables us to shift from electricity bought on the market to electricity produced locally by our wholesale power provider. Bankruptcy Court in Delaware and said it expects the sale to be completed in two to three months. This is a win for our members.”.
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The Systems That Help Me Deal With Email Overload
Help Everybody Everyday
JULY 27, 2014
I’ve seen several high profile people declaring “ email bankruptcy.” Let us know by sharing a comment! If you want to give us your thoughts on this issue, please leave a comment below. . Maybe you have hundreds or thousands of unread emails nagging at your psyche. Over the last several months.
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constructionattorneyblog: New York court holds that contractor.
Construction Lawyer
APRIL 30, 2012
You are not our client and we are not your attorneys unless and until you enter into a written retainer agreement with us. You should consult an attorney licensed in your jurisdiction before using any of the information contained at this site. Chapeau filed bankruptcy.
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Modular Builder VBC On the Verge of $25-Million Buy for Katerra Assets
Pro Builder
AUGUST 3, 2021
Volumetric Building Companies (VBC) is in the final stages of a $25-million bankruptcy acquisition of Katerra’s former headquarters in Tracy, Calif. Tue, 08/03/2021 - 14:15. CEO Vaughan Buckley says VBC will reach out to some Katerra employees and customers. The purchase could close as early as Aug.
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How To Reduce Risk On Construction Projects
ProcurementExpress.com
NOVEMBER 30, 2016
What can I do besides bankruptcy? In the second month, I noticed we were losing money on concrete materials, and when I queried this, I was told the client had instructed us to use additional cement, the costs of which we would be claiming from the client. The project is almost completed and just figured that out.
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52 constructionattorneyblog: Waivers of liens: fraud
Construction Lawyer
SEPTEMBER 22, 2005
You are not our client and we are not your attorneys unless and until you enter into a written retainer agreement with us. You should consult an attorney licensed in your jurisdiction before using any of the information contained at this site. New York allows contractual indemnification » September 22, 2005.
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How To Reduce Risk On Construction Projects
ProcurementExpress.com
NOVEMBER 30, 2016
What can I do besides bankruptcy? In the second month, I noticed we were losing money on concrete materials, and when I queried this, I was told the client had instructed us to use additional cement, the costs of which we would be claiming from the client. The project is almost completed and just figured that out.
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3 Avoidable Headaches for Construction Project Managers [Webinar]
Autodesk Construction Cloud
OCTOBER 28, 2021
making sure everyone is on the same page—literally and figuratively—can be the difference between a payday and bankruptcy for a GC. . Making sure everyone is on the same page—literally and figuratively—can be the difference between a payday and bankruptcy for a GC. . If you’d like a demo of Pype, please contact us.
Seventh Circuit examines "pay-if-paid" provision
Construction Lawyer
JULY 20, 2012
You are not our client and we are not your attorneys unless and until you enter into a written retainer agreement with us. You should consult an attorney licensed in your jurisdiction before using any of the information contained at this site. The question became whether the general or the subcontractor would bear the risk of loss.
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Home Builder Success and the Fragility of Good Things
Pro Builder
OCTOBER 3, 2020
This brings us, surprisingly enough, to Anna Karenina. Shortly after, I read another piece on bankruptcies in home building, and soon I was thinking of the more than 250 builders I’ve worked with over more than three decades and wondering: Does this “ Anna Karenina Principle ” about families also apply to home building?
FAQ's About Outsourced Contractors Bookkeeping Services
Contractor Bookkeeping
FEBRUARY 14, 2014
Innovation Or Bankruptcy. The other one is for construction company owners who want an in-depth analysis of the psychological profiles of our Professional Construction Bookkeeping staff with some of the hardware, software and office equipment we use. We invite you to Contact Us or request a Free One Hour Consultation.
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49 I am getting this error in Admin links categories DB function.
Construction Dive
MAY 26, 2009
Ask A Question | Register | Login | Contact Us. UK Law Experts. -- UK Family Law Experts. -- UK Property Law Experts. -- UK Immigration Law Experts. -- Scots Law Experts. -- UK Employment Law Experts. -- UK Bankruptcy Law Experts. -- UK Traffic Law Experts. JustAnswer > Programming. Programming.
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How to Start a Roofing Business: 9 Tips to Grow & Thrive
Levelset
JULY 22, 2022
Industry research notes that the US roofing industry consists of more than 80,000 businesses employing 250,000 people — and annual industry revenues exceed $50 billion. If you start growing without proper financial management, you will quickly find your company out of cash and in bankruptcy court. We get to know the customer first.
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How to Start a Painting Business: 9 Keys to Growth & Success
Levelset
JULY 19, 2022
Industry research reveals that the US painting industry includes over 255,000 businesses with total annual revenues exceeding $35 billion. If you start growing without proper financial management, you will quickly find your company out of cash and in bankruptcy court.
Cash Flow 52
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How to Start a Plumbing Business: 9 Tips for Growth
Levelset
JULY 18, 2022
Industry research shows that the US plumbing industry includes over 130,00 businesses (and more than 500,000 employees) with total annual revenues exceeding $130 billion. If you start growing without proper financial management, you will quickly find your company out of cash and in bankruptcy court.
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How to Start an Electrical Business: 9 Tips for Growth
Levelset
JULY 15, 2022
Industry research shows that the US electrical industry has more than 1 million employees working for 200,000 businesses — and annual revenue exceeding $200 billion. If you start growing without proper financial management, you will quickly find your company out of cash and in bankruptcy court. annually for the next five years. .
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52 Cover Story: 2014 Business Facilities – Metro And Global Rankings
Business Facilities
AUGUST 1, 2014
Yes, we know that Detroit became the largest city in history to file for bankruptcy protection, a process the city is expected to emerge from this year. Cerberus, an equity player who had acquired a majority stake in Chrysler from German auto giant Daimler-Benz in 2007, went into bankruptcy in 2009.
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British Airways could pull out of Gatwick and cut a quarter of its pilots, leaked memo reveals
Construction Test
MAY 16, 2020
According to analysis by US-based , we can expect lower airfare prices in the short term, before prices rise dramatically by 2025. BALPA General Secretary, Brian Strutton said: ‘As far as BALPA is aware there is no truth in the rumour that British Airways will pull out of Gatwick and there has been no indication of that from BA to us.
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Holidaymakers face six-month wait for travel refunds as airlines struggle to deal with colossal backlog of claims with £7billion owed to customers
Construction Test
MAY 19, 2020
He told Radio 4’s Today programme: ‘We’re working through the March refunds, that will certainly take us two or three months, then we move to the April refunds, then the May refunds. The May cancellations will take us four to six months at the moment to process.’ Pictured is Heathrow Airport deserted amid Covid-19 pandemic.
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26 Monticello: A Beautiful, Innovative Failure
Construction Knowledge
APRIL 23, 2013
US and had to sell his slaves at auction was a jarring counterpoint. Yet he devoted tremendous energy to running his estate of Monticello and died in bankruptcy. It’s one of the best tours I’ve experienced in years. The architectural beauty combined with the incredible innovation just tickled me. What gives?
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40 Contractor's Bookkeeping Causes Regular Bookkeepers To Panic!
Contractor Bookkeeping
AUGUST 20, 2014
We can see there are arrows indicating which personality traits are well matched and which ones are not well matched which brings us to bookkeepers who are trained in regular accounting not construction accounting. Amicable Traits in my opinion, be someone with some of the attributes of Sally Fields. In most cases neither one is true.
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