News tagged Insolvency
  • Directors’ duties in the event of a construction company insolvency

    With the pressure on construction companies likely to increase as the recession deepens over the coming year, John Wallace, solicitor and managing director of specialist construction and real estate boutique law firm Ridgemont, examines directors’ liabilities in the event of a construction company insolvency. The post Directors’ duties in the event of a construction company insolvency appeared first on Planning, BIM & Construction Today.

  • Construction faces “perfect storm” for insolvencies

    6,000 firms could go bust across the industry this year

  • Saudi debts cast doubt on group’s solvency, says Pascall+Watson owner

    The Architects’ JournalSaudi debts cast doubt on group’s solvency, says Pascall+Watson owner Pascall+Watson’s owner, Roots Group UK, has said it faces possible insolvency unless it is paid some of the £204 million it is owed by a Saudi construction company The post Saudi debts cast doubt on group’s solvency, says Pascall+Watson owner appeared first on The Architects’ JournalWill Ing

  • How to protect goods delivered to a failed business

    Patrick Duggan is a senior associate in the construction and engineering team at RWK Goodman One major event to guard against in an unsteady economy is customer insolvency and, in particular, the need to protect your title (or ownership) in goods and materials that have… The post How to protect goods delivered to a failed business appeared first on Construction News.

  • Scaffolder disqualified over £200k unpaid tax

    A scaffolder has been given a six-year disqualification order by the High Court, after the Insolvency Service found he had failed to pay £209,000 worth of business and employee-related tax in 2016-17. The order prevents him from serving as a company director. Vincent Larkin, of… The post Scaffolder disqualified over £200k unpaid tax appeared first on Construction News.

Resources tagged Insolvency
  • Fenwick Elliott - Annual Review 2022, 2023 (December 2022)

    A round-up of key developments in the construction, engineering and energy arena including: The Building Safety Act, Adjudication updates, the Construction Industry Law Letter, Technology advances, and economic and political challenges

  • CABE - Dispute Resolution & Avoidance in Construction Contracts, 11082020

    This Webinar by Michael Gerard Michael Gerard Solicitors looks at Dispute Resolution and Avoidance in Construction Contracts

  • Metroun - Collateral Warranties, What Purpose Do They Serve

    Insolvency is a huge risk in the construction industry. What first seems like the perfect project, can quickly become the perfect storm. Sometimes, the beneficiary of a construction project can all of a sudden be left with no contractual link to project stakeholders. This is where Collateral Warranties come in. This video discusses what Collateral Warranties are and the purpose they serve.

  • Metroun - Vesting Certificates, are they needed, 22122021

    A vesting certificate can be used as evidence that ownership belongs to the client upon payment, defeating third party claims of retention of title. In other words, if a contractors becomes insolvent before the items have arrived to site, the vesting certificate is proof that the client is the rightful owner. So that solves that issue right? Well, there’s a little more to it....

  • Fenwick Elliott - Adjudication Update No. 5, 14102021

    Fenwick Elliott’s James Mullen and Dan Churcher of 4 Pump Court consider a number of recent developments in adjudication practice

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