Green Touch Builders | BMO Harris, XL Specialty reach accord in dispute over Truland payments
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March 13, 2015 By SEO Admin

BMO Harris, XL Specialty reach accord in dispute over Truland payments

Truland Group Inc.’s largest secured creditor and the surety that backed the company’s projects have reached a settlement over one of the electrical contractor’s last projects before filing for bankruptcy.

The proposed settlement between creditor BMO Harris Bank N.A. and surety XL Specialty Insurance Co. resolves a dispute over money one of Truland’s affiliates was paid less than two weeks before the Reston-based company abruptly shut down in July 2014, laying off hundreds of workers and impacting…