Tag: financial improprieties

Construction Processes, Legal

Litigation looms in MGT Construction’s $28M debt, $50K assets bankruptcy

June 20, 2018

Via: Construction Dive

The alleged financial improprieties at MGT, according to Richmond BizSense, resulted in a 2016 overpayment of cash distributions to participants in the company stock plan. They were ordered to return the money, but Thalimer made repayments on behalf of the […]