Business

Subcontractor Strategies to Maximize Payment in Bankruptcy

When a contractor files for bankruptcy protection, it impacts the entire chain. How do other parties get paid?
By Nathaniel Story and Brittany Falabella
July 20, 2021
Topics
Business
by Nathaniel Story
by Brittany Falabella
Brittany Falabella is a bankruptcy lawyer at Hirschler in Richmond, Va. The team serves all sectors of the construction industry with a broad spectrum of legal matters. Falabella may be reached at bfalabella@hirschlerlaw.com.

Related stories

Business
Nonresidential Construction Spending Down 0.2% in May Cover Art

Nonresidential Construction Spending Down 0.2% in May

By ABC
That start of summer is seeing the start of a slowdown in nonresidential construction spending.
Business
Construction Futures: June 2025 Economic Roundup Cover Art

Construction Futures: June 2025 Economic Roundup

By Construction Executive
Could there be more rate cuts than the construction industry originally expected this year?
Business
It’s All Relative: The Importance of Building and Maintaining Relationships in Construction Cover Art

It’s All Relative: The Importance of Building and Maintaining Relationships in Construction

By Chad Prinkey
In a world where relationships seem to be taking a backseat to digital “connectedness,” executives from a recent Associated Builders and Contractors’ panel discussion agree that where construction is concerned, rapport still matters.

Follow us




Subscribe to Our Newsletter

Stay in the know with the latest industry news, technology and our weekly features. Get early access to any CE events and webinars.