Cambridge Construction Insolvency Seminar

Practical tips on how to minimise the risk of insolvency and what to do if the worst should happen.

Who should attend

This seminar is aimed at any business or party who procures construction work (whether as a contractor, as a developer or as a client who is regularly involved in office moves and refits). It would be particularly useful for developers, subcontractors, project managers and property professionals.

What will we cover 

In this seminar we will offer practical suggestions for ensuring that those procuring construction work are protected against a Carillion-type situation. This will include suggestions such as;

  • The importance of formal building contracts

  • Parent company guarantees and bonds

  • Carrying out financial due diligence on the contractor

  • Basic provisions within building contracts, what should be included

We will also be joined by our litigation team who will be speaking about retention and issues surrounding interim payments. Our employment law solicitors will talk about the potential issues for employees of the insolvency of the contractor. Lastly we shall share our experience about insolvency proceedings and the devastating effects it can have on organisations.

We shall also be joined by Price Bailey accountants who will talk about the associated tax considerations.

Why you should attend

During this seminar we will make you aware of the risks involved if a contractor you are working with becomes insolvent. We will demonstrate with sound, practical advice that seeking early legal advice when you enter into a building contract is essential.

This important information could help you save valuable time and money and cover your business if the worst should happen.

If you need any further information please contact Jacob at jacob.brook@ashtonslegal.co.uk.

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