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Startling rise in construction firm recovery loan defaults

UK debt collections

A startling rise in construction firms defaulting on covid loans could signal a wave of future business failures. The default rate in construction is 2.5% – more than twice the default rate of some other sectors, such as arts and entertainment (1.3%) and healthcare (0.8%).

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Construction and Real Estate E-Note October 2021

Burr Forman

Pandemic Keeps Creating Challenges for Construction Industry (Source: Construction Executive, 2021-09-21). Climate Change Expected to Challenge Construction Industry (Source: Insurance Journal, 2021-10-01). Health Centers Awarded Nearly $1 Billion for Renovations (Source: Healthcare Finance News, 2021-09-28).

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Five Key Construction Contract Terms That Every Building Owner Needs to Negotiate

Jimerson Firm

When a building owners hires a contractor to construct a building or other construction project, the contractor is often significantly more experienced when it comes to the ins and outs of the construction contract as well as the overall construction process. Construction Contract Scope of Work. Payment Terms.

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What Every Florida Community Association and Building Owner Needs to Know About Florida’s 10-Year Construction Defect Statute of Repose

Jimerson Firm

This statute, known as Florida’s construction statute of repose, imposes a strict 10-year deadline on any legal claims founded on the design, planning, or construction of an improvement to real property in Florida, with any claims not brought within the deadline completely barred. 3)(c), Florida Statutes.

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Five Jimerson Birr Partners Named Florida Super Lawyers and Rising Stars in Business Litigation

Jimerson Firm

His distinction comes from his work in the practice areas of business litigation, construction litigation and banking. Birr was recognized for the 11th year for his work in the practice areas of business litigation and construction litigation, with eight as a Florida Super Lawyer after three as a Rising Star.

Lawyers 98
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56 Burr & Forman Attorneys Ranked in 2021 Chambers USA

Burr Forman

The firm received 23 total rankings across the firm’s footprint including Alabama for Banking & Finance, Bankruptcy/Restructuring, Commercial Litigation, Construction, Corporate/Commercial, Healthcare, Labor & Employment, and Real Estate. Howard Bogard, Healthcare. Brockman, Healthcare. Kelli Fleming, Healthcare.

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184 Burr & Forman Attorneys Named Among the 2022 Best Lawyers in America

Burr Forman

Mobile, Construction Law. Troy Smith – Jacksonville, Construction Law. David Wanhatalo – Construction Law, Litigation – Construction. Benjamin “Ned” Nicholson V – Commercial Litigation, Construction Law, Litigation – Construction, Litigation – Intellectual Property. Ryan Corbett – Tampa, Litigation – Patent.

Lawyers 105