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Insolvency: taking appropriate action

By: Language: English Series: Chartered Quantity Surveyor ; 13(6) February 1991, 12(1)Publication details: 1991Subject(s): Summary: The first of three articles deals with the issue of company insolvency , identifying the problem, whether the contract conditions determine whether the insolvency is of the contractor or the employer , payment of debts on liquidation , unsecured creditors and the issues which the quantity surveyor may be called upon to advise concerning retention monies . References to case law.

The first of three articles deals with the issue of company insolvency , identifying the problem, whether the contract conditions determine whether the insolvency is of the contractor or the employer , payment of debts on liquidation , unsecured creditors and the issues which the quantity surveyor may be called upon to advise concerning retention monies . References to case law.