Risk
Legal and Regulatory
Business

Determining Owner’s Rights When the General Contractor Is in Bankruptcy

Can an owner rely on the provision that filing for bankruptcy constitutes a default under the contract?
By Kenneth A. Rosen and Wojciech F. Jung
February 7, 2022
Topics
Risk
Legal and Regulatory
Business
by Kenneth A. Rosen

Kenneth A. Rosen, Esq., is Partner and Chair Emeritus in the Bankruptcy and Restructuring Department of Lowenstein Sandler.

*The views expressed herein are those of the authors and are not necessarily shared by other persons at Lowenstein Sandler LLP. Each case is unique. The law is subject to interpretation. Also note that states vary widely with respect to mechanic’s lien rights and trust fund obligations. This article is not intended to provide legal advice.

by Wojciech F. Jung

Wojciech F. Jung, Esq., is Partner in the Bankruptcy and Restructuring Department of Lowenstein Sandler.

*The views expressed herein are those of the authors and are not necessarily shared by other persons at Lowenstein Sandler LLP. Each case is unique. The law is subject to interpretation. Also note that states vary widely with respect to mechanic’s lien rights and trust fund obligations. This article is not intended to provide legal advice.

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