Construction Insolvency: Security, Risk and Renewal in Construction Contracts (South Asian Edition)

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.

  Table Of Contents:

  Law in Context
  Elements of Construction Security
  Debts and Other Receivables
  Assignment
  Set-off, Abatement and Deduction
  Plant and Equipment
  Goods and Materials
  Informal Insolvency
  Construction Trusts
  Retention Trusts
  Statutory Demands and Winding Up
  Adjudication and Insolvency
  Formal Insolvency
  Termination
  Novation of Contracts
  Completion Contracts
  Direct Payment
  Set-off in Insolvency
  Bonds and Guarantees
  Insolvency Claims
  Directors and Employees