Insolvent firms are still able to bite debtors back
Crossman, H.
Insolvent firms are still able to bite debtors back - 2001 - Construction News (6170) 5 April 2001, 35(1) .
Highlights the widely held, but incorrect, perception within the construction industry that when a creditor announces insolvency, payments of debts to it cease. Notes that it is even presumed among industry players that this is the state of play where the debtor is responsible for the insolvency of the creditor! Through discussion of two cases - "Harmon v House of Commons" and "Chiemgauer v The New Millennium Experience Company" - highlights these misconceptions and puts the record straight.
Insolvency
DEBTORS
HARMON CFEM FACADES (UK) V CORPORATE OFFICER OF THE HOUSE OF COMMONS
CHIMGAUER V THE NEW MILLENNIUM EXPERIENCE
Insolvent firms are still able to bite debtors back - 2001 - Construction News (6170) 5 April 2001, 35(1) .
Highlights the widely held, but incorrect, perception within the construction industry that when a creditor announces insolvency, payments of debts to it cease. Notes that it is even presumed among industry players that this is the state of play where the debtor is responsible for the insolvency of the creditor! Through discussion of two cases - "Harmon v House of Commons" and "Chiemgauer v The New Millennium Experience Company" - highlights these misconceptions and puts the record straight.
Insolvency
DEBTORS
HARMON CFEM FACADES (UK) V CORPORATE OFFICER OF THE HOUSE OF COMMONS
CHIMGAUER V THE NEW MILLENNIUM EXPERIENCE