Search results

Order by most recent / most popular / relevance

Results: 1-10 of 27

Contractor insolvency issues in large project transactions

King & Spalding LLP
-
USA
-
April 2 2013

An issue that is often overlooked, but should be considered in the context of large project transactions, is the potential insolvency of contractors

Construction trust funds: does failure to pay give rise to a non-dischargeable debt?

Pepper Hamilton LLP
-
USA
-
November 6 2012

Scott Thompson, the owner and manager of a construction company, signed a confession of judgment accepting liability for the company’s failure to pay its subcontractor sums received from an owner for a construction job

Nevada lenders beware! Mechanic's liens not easily avoided

Stoel Rives LLP
-
USA
-
November 1 2012

Following the market crash in 2008-09, the $2.8 billion Fontainebleau development in Las Vegas was halted with 70 percent of the construction completed

Construction lien payments: trust funds or not?

Pepper Hamilton LLP
-
USA
-
October 30 2012

The trustee of a liquidating trust under a general contractor’s confirmed chapter 11 plan tried to recover pre-petition payments made to a subcontractor as either a preference or a fraudulent conveyance

Indiana court holds that second-tier materialman may not invoke Personal Liability Notice Statute

Barnes & Thornburg LLP
-
USA
-
September 19 2012

Indiana Code Section 32-28-3-9, often referred to as the Personal Liability Notice (PLN) Statute, provides a means for subcontractors, equipment lessors, and laborers to assert a claim against a project owner for amounts owed for labor and material on a construction project

Accepting payment before a construction lien is filed: catch-22?

Pepper Hamilton LLP
-
USA
-
August 16 2012

Creditors of a distressed company often look for strategies to reduce bankruptcy preference exposure, and construction contractors are no exception

What if your insurer goes bankrupt and no one tells you?

Pillsbury Winthrop Shaw Pittman LLP
-
USA
-
June 20 2012

"Does an insurance broker, after procuring an insurance policy for a developer on a construction project, owe a duty to apprise a subcontractor that was later added as an insured under that policy of the insurance company's subsequent insolvency?"

Seventh Circuit holds pay-if-paid provisions are not void under Indiana public policy

Barnes & Thornburg LLP
-
USA
-
May 14 2012

On May 11, 2012, the U.S. Court of Appeals for the Seventh Circuit issued a decision in BMD Contractors, Inc. v. Fidelity and Deposit Company of Maryland (No. 11-1345), affirming a lower court summary judgment in favor of a surety on a payment bond

The ins and outs of surety bonds: the insolvent surety

Fox Rothschild LLP
-
USA
-
April 5 2012

Commercial, and sometimes residential, construction requires a contractor to obtain a surety bond to guarantee performance leading to the successful conclusion of a project

Subcontractors take note - Appellate Division confirms that construction lender has no duty to subcontractor absent express promise to pay

Cole Schotz Meisel Forman & Leonard PA
-
USA
-
March 21 2012

The New Jersey Appellate Division recently ruled in Vollers Excavating and Construction, Inc. v. Citizens Bank of Pennsylvania, Docket No. A-3844-10T1 (March 5, 2012), that a construction lender has no obligation to pay an unpaid subcontractor on a project when the general contractor files for bankruptcy protection

next >

Search results

Contractor insolvency issues in large project transactions

Construction trust funds: does failure to pay give rise to a non-dischargeable debt?

Nevada lenders beware! Mechanic's liens not easily avoided

Construction lien payments: trust funds or not?

Indiana court holds that second-tier materialman may not invoke Personal Liability Notice Statute

Accepting payment before a construction lien is filed: catch-22?

What if your insurer goes bankrupt and no one tells you?

Seventh Circuit holds pay-if-paid provisions are not void under Indiana public policy

The ins and outs of surety bonds: the insolvent surety

Subcontractors take note - Appellate Division confirms that construction lender has no duty to subcontractor absent express promise to pay

Current Search

Suggested Facets

Author

Firm Name

Workarea