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Adjudication and insolvency

By: Language: English Series: Contract Journal ; 429(6538) 17 August 2005, 30(1)Publication details: 2005Subject(s): Online resources: Summary: Discusses the circumstances in which the decision of an adjudicator might not be enforced by the court where the successful party was shown to be in financial difficulties as considered in the case Wimbledon Construction Co v Derek Vago. The case provides guiding principles on dealing with a situation where a stay of execution should be given in the event of uncertainty about the successful party's financial position.

Discusses the circumstances in which the decision of an adjudicator might not be enforced by the court where the successful party was shown to be in financial difficulties as considered in the case Wimbledon Construction Co v Derek Vago. The case provides guiding principles on dealing with a situation where a stay of execution should be given in the event of uncertainty about the successful party's financial position.