The Construction market has been rocked by a perfect storm of inflation, a lack of labour and price increases across the board. While many are able to weather the storm some have been unable to do so. In this webinar, we look at how employers can best protect themselves against insolvency occurring, along with the many practical and legal implications of insolvency during a Construction Project.
We will cover the following:
- What is insolvency and when does it happen?
- The different types of insolvency and the way standard form contracts treat them
- Practical steps to take (a) to limit the risk of contractor insolvency during procurement, (b) during the project in anticipation of insolvency and (c) once insolvency occurs
- Protecting the project in light of insolvent contractor – practical considerations
- Securing the least worst outcome from insolvency
- Recovery of costs and losses
This webinar will be of interest to development professionals including project managers and contract administrators. Our speakers have years of experience in dealing with insolvency in construction projects throughout England and Wales.
Speakers:
Mark London, Partner, Devonshires
Karen Morean, Partner, Devonshires
