The construction industry’s payment issues are well documented — in 2021, 97% of surveyed construction professionals reported experiencing stress due to cash flow and payment-related issues — but the global...
In a culmination of a number of setbacks for the company, New Jersey’s Semper Utilities, LLC, filed for Chapter 11 bankruptcy on February 11, 2022. The company may owe as...
In just two construction business bankruptcy filings from January 2022, 80 separate contractors were not able to secure their right to full payment — leaving millions of dollars of construction...
They may have just been looking for a refreshing dip, but customers working with Connecticut’s Roy’s Pools — and multiple area subcontractors — have been left high and dry after...
Despite the current national solar boom, one green energy firm’s bankruptcy has put dozens of contractors at risk, highlighting the hazards of the still-emerging industry. Earlier this month, Indiana’s Midwest...
A breathtaking $32M Santa Barbara home is now at the center of a developing financial struggle between a California developer and a long list of unpaid contractors. Facing mounting debts...
Facing almost $1 million in debt with just $15,000 in assets, Las Vegas contractor TH Flex Systems, Inc. recently filed Chapter 7 bankruptcy. TH Flex’s debt appears to be entirely...
Labor and supply issues are being cited as key factors in the November 2021 Chapter 7 bankruptcy filing of baked goods manufacturer The Muffin Mam, Inc. — leaving them over...
Facing over $1 million in debt to contractors, Florida condo association Bayou Pointe Villas, Inc. filed for Chapter 11 bankruptcy after allegedly failing to pay for cleanup and repair work...
Though their business is supposed to help you keep the lights on, theirs are off: According to reports, major San Diego solar energy company Sullivan Solar Power has abruptly closed,...