Going for broke
Language: English Series: Property Week ; 73(1) 4 January 2008, 50-51(2)Publication details: 2008Subject(s): Summary: Considers the legal situation developers may be faced with in the event of their construction contractors becoming insolvent. Their rights will be affected by the type of insolvency procedure: administration, receivership or liquidation. Examines the immediate steps which can be taken, how to continue the project and financial recourse in such situations. Also describes preventative measures which can be put in place, including financial checks, security through bond or trust, structured payments and the structure of the contract.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | L141889 (Browse shelf(Opens below)) | 1 | Available | 141889-1001 |
Considers the legal situation developers may be faced with in the event of their construction contractors becoming insolvent. Their rights will be affected by the type of insolvency procedure: administration, receivership or liquidation. Examines the immediate steps which can be taken, how to continue the project and financial recourse in such situations. Also describes preventative measures which can be put in place, including financial checks, security through bond or trust, structured payments and the structure of the contract.