Construction Company Facing Lawsuits in Copper Lounge Building Collapse Files for Bankruptcy
SIOUX FALLS, S.D. – An embattled construction company in Sioux Falls is filing for chapter 11 bankruptcy.
Legal counsel for Hultgren Construction LLC announced on Wednesday, that the decision takes into account five pending lawsuits related to the Copper Lounge building collapse. The company also faces multiple other claims.
The company’s lawyers say the goal now is to obtain its insurance coverage for the Copper Lounge collapse, to pay out the affected parties.
After the fatal building collapse is December of 2016, Hultgren Construction discontinued business operations by April of 2017.