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Texas Construction Law Blog For Subcontractors & Suppliers

Category Archives: Bankruptcy

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Weathering the Storm of an Owner or General Contractor Bankruptcy

Posted in Bankruptcy

Bankruptcy court is often the “court of bad news” for creditors.  In particular, subcontractors and suppliers face unique challenges when a customer files for bankruptcy.  But they also have unique rights that may elevate their claims.  Failing to act quickly and correctly on those rights can have significant consequences.