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Construction

03 February 2020
Simon Tolson Are milestone payments an adequate payment mechanism in construction contracts?

United Kingdom - Fenwick Elliott Solicitors

The Court of Appeal recently considered whether milestone payments in a construction contract constituted an adequate mechanism for payment in terms of the Housing Grants, Construction and Regeneration Act 1996, as amended. The decision is a helpful reminder that where standard payment terms are replaced by bespoke amendments as to stage or milestone payments, it is imperative to ensure that they are properly drafted.

Authors: Simon Tolson, Jeremy Glover, Martin Ewen
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United Kingdom - Fenwick Elliott Solicitors

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Malaysia - SKRINE

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Upcoming event

ABA International Law Section 2020 Annual Conference

21-24 April 2020 - New York Marriott Downtown

You are cordially invited to attend the ABA International Law Section 2020 Annual Conference, the theme of which is empowerment. The conference, to be held at the New York Marriott Downtown, is expected to attract more than 1,000 international lawyers. The conference will begin with several days of programming, including some relating to personal empowerment, such as using a law degree in alternative careers, developing a personal brand and financial planning for lawyers at every stage of their career. Some 70+ CLE programmes will then cover a broad spectrum of international legal topics, including dispute resolution, international finance, M&A, corporate governance, corporate social responsibility, cybersecurity, AI, fintech, immigration, talent management, white collar, individual rights and the 19th amendment centennial.


For more details go to:
https://www.americanbar.org/groups/international_law/

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