Construction Focus - Insolvency in construction: Dan Cudlipp writes for the Property Law Journal
This article was first published in Property Law Journal 396 (April 2022) and is also available on lawjournals.co.uk.
The article, entitled “Construction Focus: Insolvency in Construction” outlines the specific challenges faced by construction companies, the contractual consequences when a main contractor enters insolvency, and the practical next steps for dealing with such issues.
Cudlipp says “there are a number of separate but closely connected factors that are combining to make life tough for construction companies, but all are underpinned by the Covid-19 pandemic, which had an immediate yet lingering impact on a construction industry already seeking to navigate the vagaries of Brexit.”
The challenges faced by the industry show little sign of letting up.