The Corporate Insolvency and Governance Act 2020 (the “Act”) came into force on 26 June 2020. The Act introduces new corporate insolvency and restructuring measures that aim to maximise a company’s chances of survival and relieve the burden on businesses caused […]
Read MoreIn the case of Bresco Electrical Services Ltd (In Liquidation) v Michael J Lonsdale (Electrical) Ltd, the UK Supreme Court (the “UKSC”) considered important questions about the operation of two statutory regimes; namely, adjudication and insolvency set-off. In particular, the […]
Read MoreIn the case of Michael J Lonsdale (Electrical) Limited v Bresco Electrical Services Limited (in liquidation), the Technology and Construction Court (“TCC”) provided an unequivocal statement that a company in liquidation could not refer a dispute to adjudication. However, in […]
Read MoreSecuring payment on time is crucial to survival in the construction industry. In this article, we answer 10 common questions about securing payment. 1. What can I do if the final date for payment passes and payment is not made? […]
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