000			01387cab a2200241 4500
001			ABS47590
008			090401t1992 xxu||||| |||| 00| 0 eng d
035			_a(Sirsi) u62572
041			_aeng
245			_aGPT Realisations Ltd v Panatown Ltd
260			_c1992
350			_a0
490			_aConstruction Industry Law Letter _v1992 CILL 787-790(4)
520			_aORC 8 October 1992. Concerns three actions, in each of which (G) claimed against (P) an injunction requiring P to open a trust account and pay into that the retention monies. It was agreed that P, the employers under the contracts, had never placed retention monies in a separate account. G went into administrative receivership. P contended that it would be wrong to require them to pay money into a trust account as they would be entitled to retain alleged set-offs. Also if they were restrained from removing the money from the accounts they would have to resort to litigation against an insolvent company. It was "held" that not granting the injunctions sought carried a lower risk of injustice if the court should turn out to be `wrong`. (ABS 47393)
650			_aBUILT ENVIRONMENT-BUILDING CONTRACT FORMS
650			_aCLAIMS
650			_aCONTRACT CLAIMS
650			_aInsolvency _96247
650			_aRETENTION MONEY
690			_aBUILDING AND CONSTRUCTION-CASE LAW
942			_n0
948			_c04/03/1997
999			_c38857 _d38857