文档介绍：ConstructionProjectBankruptcy onsiderationsforOwners,GeneralContractorsandConstructionManagersDecember16,,Bostonoffice,,Charlotteoffice,,Pittsburghoffice,,Harrisburgoffice,mercial,“McGraw-HillConstruction(ofwhichENRispart)%declineinconstructionstartsin2009,%%in2007.”—AllSectorsGoNegativeNextYearAsARealRecessionRattlesMarkets,byTimGroganandSteveSetzer,,11/12/08“Litigationiscroppingupacrossthecountryover……,leavingfinanciers,developersandcontractorstofightoverwhoshouldpayforthefaileddeals.”—AsBuildingProjectsCollapse,SuitsPileUp,byLynneMarek,TheNationalLawJournal,11/3/08“.'s82billion-poundbuildingindustry,accountingforabout5%oftheeconomy,hasgroundtoahalt,withlittleworkbeingbookedbecauseoffalteringdemandandacreditfreeze.”—BuildersHold$,byTimBarwell,,10/17/ontractorMajorSubcontractors/SuppliersProjectPartiallyFinanced–RemainingFinancingtobeObtainedDuringConstructionFastTracktoMeetPeakSeasonDemandPerformance/pleteFabricationAbsentSubstantialAdvancePaymentDuetoCashFlowProblemsUnrelatedtotheProjectScenario1–TheIssuesWhatCantheOwnerDotoProtectItsInterest:ontractorDotoProtectItsInterest:Mechanic’sLienWaiversPerformanceBondsLiensScenario2MajorEquipmentSupplierGoesBankruptAbsentDeliveryoftheEquipment,ontractorClaimsthattheAutomaticStayConstitutesaForceMajeureEventScenario2–TheIssuesWhatCantheOwner/ontractorDotoProtectTheirInterests:ontractor/OwnertoEquipmentForceMajeureIssueScenario3CornandGasPricesSkyrocket–ontractorHasP