Episode 52 - Good and bad things builders did before going broke

Season #1

In this episode, we're observing things builders have done both positively and negatively when struggling financially or going into liquidation.

Episode highlights include: -

  • Going public with financial struggles can trigger preference payment scrutiny
  • Bogus charges/liquidated damages impact subbie insurance coverage
  • Dragging out non-payment strings subs along without work or pay
  • Play it straight with certifying payment schedules and equipment access
  • Well-documented variations protect subbie claims with principals

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