Balfour Beatty Ltd v Britannia Life Ltd
Balfour Beatty Ltd v Britannia Life Ltd
- 1997
- Scots Law Times 1997 SLT 10-24(23) .
Outer House. Lord Penrose. 14 December 1994. Contract - building contract - construction - retention of money - money deducted from sums certified as payable to be held by employer as trustee for management contractor and any works contractor - termination of contract on insolvency of management contractor - whther works contractors entitled to payment of money retained or to have sums appropriated and set aside for their exclusive benefit - whether trust created. Trust - construction - building contract - retention money - money deducted from sums certified as payable to be held by employer as trustee for management contractor and any works contractor - termination of contract on insolvency of management contractor - whether contractors in redevelopment entitled to payment of money retained or have sums appropriated and set aside for their exclisive benefit - whether trust created.
BALFOUR BEATTY LTD V BRITANNIA LIFE LTD
BUILT ENVIRONMENT-BUILDING CONTRACT FORMS
MANAGEMENT CONTRACTING
MANAGEMENT CONTRACTS
Outer House. Lord Penrose. 14 December 1994. Contract - building contract - construction - retention of money - money deducted from sums certified as payable to be held by employer as trustee for management contractor and any works contractor - termination of contract on insolvency of management contractor - whther works contractors entitled to payment of money retained or to have sums appropriated and set aside for their exclusive benefit - whether trust created. Trust - construction - building contract - retention money - money deducted from sums certified as payable to be held by employer as trustee for management contractor and any works contractor - termination of contract on insolvency of management contractor - whether contractors in redevelopment entitled to payment of money retained or have sums appropriated and set aside for their exclisive benefit - whether trust created.
BALFOUR BEATTY LTD V BRITANNIA LIFE LTD
BUILT ENVIRONMENT-BUILDING CONTRACT FORMS
MANAGEMENT CONTRACTING
MANAGEMENT CONTRACTS