Litigation and Restructuring Lawyers

Calderín Helps Edgewater Reach Deal to Resume Work on Aston Martin Condo

Recently, Edgewater Construction filed for Chapter 11 bankruptcy, citing rapid inflation in the cost of building materials and labor. Jacqueline Calderín and the Agentis team helped this subcontractor reach an agreement with the general contractor, Coastal Construction. The agreement, which was approved by the court, allows Edgewater to return to the jobsite to complete their drywall and stucco work in exchange for Coastal paying Edgewater with retention amounts.

“That gave our client the liquidity to pay its labor costs and get people on the job,” Calderín said.

Subscribers of the Business Journal can access the full article here.

Agentis Law © 2023 All rights reserved.

Coral Gables

55 Alhambra Plaza
Suite 800
Coral Gables, Florida 33134