2020-02-17
Legal Articles

The importance of collateral warranties in development finance

Home / Knowledge base / The importance of collateral warranties in development finance

Posted by Paul Slinger on 29 April 2016

Paul Slinger - Construction and Building Solicitor
Paul Slinger Partner

About the author

Paul helps clients get their construction and engineering projects delivered within the right timescale, for the right amount of money, and to the correct quality.

Paul Slinger

Paul helps clients get their construction and engineering projects delivered within the right timescale, for the right amount of money, and to the correct quality.

Recent articles

23 July 2021 Liquidated Damages: Commercial Certainty Restored

The use of liquidated damages as a sole remedy for contractor delay is a well-established mechanism in the construction industry. It is designed to provide certainty for both employer and contractor in relation to the financial effects of the contractor’s culpable delay. The employer does not need to prove its loss caused by the contractor’s late completion, and the contractor knows the exact financial implications of its own actions, therefore giving both sides the certainty that they require in this scenario. Unfortunately, for a period of time recently, the Court of Appeal threw the liquidated damages mechanism into some considerable doubt in circumstances where the Contractor’s employment under the contract has been terminated.

Read article
19 July 2021 Net zero in construction - a significant driver of change

It is now two years since the UK became the first major world economy to pass laws to bring all greenhouse gas emissions to 'net zero' by 2050.

Read article
13 July 2021 Employment news update: July 2021

A round up of recent employment news including the latest on furlough; mandatory vaccinations for care home workers; government consultation on flexible working; Right to Work checks; pregnancy loss policies; and case update.

Read article
Contact
How can we help?
01926 732512
CALL BACK