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Construction focus: Insolvency in construction
Dan Cudlipp assesses the increasing risk and legal consequences surrounding construction-related insolvencies The JCT and NEC4 grant the employer the opportunity to terminate; termination does not happen automatically and so there is the possibility of the parties continuing the contract. The latest official statistics on insolvency make for sobering reading, particularly for those operating in …
Cases Referenced
Cases in bold have further reading - click to view related articles.
- Levi Solicitors LLP v David Frederick Wilson, JKR Property Development Limited [2022] EWHC 24 (Ch)