A way round insolvency
Powell-Smith, V.
A way round insolvency - 1988 - Contract Journal 341(5651) 4 February 1988, 8(1) .
Considers direct payment clauses under which the employer has the option of paying nominated subcontractors if the main contractor fails to pay them. Case law is quoted throughout, paying particular attention to the decision in Re Jartay Developments Ltd , ChD 23 July 1982, see Abstract 31741.
Insolvency
JCT 1980 CL 27
JCT 1980 CL 35
LIQUIDATION
RETENTION MONIES
A way round insolvency - 1988 - Contract Journal 341(5651) 4 February 1988, 8(1) .
Considers direct payment clauses under which the employer has the option of paying nominated subcontractors if the main contractor fails to pay them. Case law is quoted throughout, paying particular attention to the decision in Re Jartay Developments Ltd , ChD 23 July 1982, see Abstract 31741.
Insolvency
JCT 1980 CL 27
JCT 1980 CL 35
LIQUIDATION
RETENTION MONIES