Late payers could face robust penalties

Late payers could face robust penalties

Late payments have been the scourge of small and medium size businesses (SMEs) for many years but despite the introduction of legislation to deal with the issue, it has not gone away. Unfortunately, businesses in the construction industry are particularly badly...
Impossible to perform a contract – are you still liable?

Impossible to perform a contract – are you still liable?

What happens when it has become impossible for a business to perform its contractual obligations and there is a force majeure or exemption clause in the contract? Unfortunately, the non-performing party could face having to pay out a significant amount of damages to...
Construction: When an unsigned contract binds the parties

Construction: When an unsigned contract binds the parties

A word of warning to those carrying out works without a fully signed and executed contract in place! The fact that one party has not formally executed a contract does not automatically mean no binding agreement has been reached. This is the vital lesson for businesses...
Construction: ‘Pay Now, Argue Later’

Construction: ‘Pay Now, Argue Later’

Needless to say, payments and when they are due are a crucial factor in any construction project but do you know what rights and remedies are available if the paying party has failed to pay on time or either party has failed to follow the correct process for payment...