Not Letting Go: Employer’s Rights on Contractor Insolvency, March 2011

11-03-2011

The insolvency of any party to a construction contract can be disastrous for the project. It can cause significant additional costs, together with delays to completion, and deprive parties of remedies in respect of defects in the works.
This note focuses on the effect of the contractor’s insolvency and the rights available, principally to the employer, but also to other parties when such an event occurs.

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