What can be gleaned from 2018’s highest-profile construction bankruptcies?

Denise Gillin Uncategorized

Bankruptcy is many contractors’ worst nightmare. For some companies, it’s a public declaration that it was not able to handle its business dealings successfully, and that it can’t pay its bills. In any industry, including construction, maintaining a reputation as solid and trustworthy is critical, and to onlookers, a bankruptcy filing — whether it’s liquidation or reorganization — could very well indicate the opposite.

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