Free Issue KWM Construction Practice — February 2013
Each month in Free Issue, KWM’s construction team will bring you news on current issues affecting major projects, discussion on construction laws and principles relevant to your projects from concept to completion and highlights of new case law or legislation relevant to you and your business.
In this month’s edition, the topic in focus is contractor insolvency and its impact on the timely completion of projects. We discuss potential warning signs that a contractor is going insolvent and provide some recommendations on how to deal with an administrator if you are notified that your contractor is insolvent. Importantly, we discuss the powers of administrators and the way in which these powers affect retention of title clauses.
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News from King & Wood Mallesons
News from The Lawyer
Briefings from King & Wood Mallesons
The assistant treasurer was quizzed recently about the timetable for his Future of Financial Advice changes.
High Court decides: liquidators of insolvent landlords can disclaim leases with the effect of extinguishing the tenant’s leasehold interest
In Willmott Growers Group Inc v Willmott Forests Limited, the majority of the High Court upheld the Victorian Court of Appeal’s conclusion that the liquidators of an insolvent landlord can disclaim a lease.
Analysis from The Lawyer
All-encompassing change is now a reality for the UK’s top 200 firms. How are they coping with the unprecedented upheaval? The Lawyer finds out