The truth about retention

Powell-Smith, V.

The truth about retention - 1992 - Contract Journal 352(5857) 23 January 1992, 8(1) .

Comments on the practical effects of the case, "MacJordan Construction Ltd v Brookmount Erostin Ltd", where it appeared that the right of retention embodied in a contract may have little standing in law, as the monies involved do not have trust status until they are actually set aside.


ASSETS
BUILT ENVIRONMENT-BUILDING CONTRACT FORMS
RETENTION MONIES
TRUSTS
WATES CONSTRUCTION (LONDON) LTD V FRANTHOM PROPERTY LTD