Construction Insolvency covers both formal insolvency and issues like bonds and guarantees and other forms of financial protection. It provides you with the answers to the practical problems that arise every day in industry whilst also setting out the legal principles clearly and concisely, examining how the law deals with specific facts.
The seventh edition, authored by a team at Gatehouse Chambers, led by Sarah McCann, updates the text with the following:
- The Supreme Court’s decision in Bresco Electrical Services Ltd v Michael J Lonsdale [2020] UKSC 25 considering the compatibility between the insolvency and adjudication regimes and the case law following in respect of adjudication and enforcement.
- Discussion of the new insolvency procedures introduced by the Corporate Insolvency Governance Act 2020 (“CIGA”), the Pt A1 moratorium and the restructuring plan.
- The prohibitions on a supplier exercising its right to terminate for insolvency where the company goes into a relevant insolvency procedure introduced by CIGA.
- A general update on all case law since 1 August 2017.
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