Construction Insolvency Security,Risk and Renewable in Construction Contracts 5ed.

Provides commentary and critical analysis on the principles of law behind construction insolvency
Gives guidance on how to deal with the aftermath of formal insolvency, including an analysis of the available procurement routes for a completion contract against the growing case law
Describes the security devices available as protection against insolvency and how they interact and support one another
Provides comprehensive coverage of case law across the UK and common law jurisdictions and across related legal disciplines
Includes a case study by Neil Burton on the role of an insolvency surveyor in appraising a contractors’ ongoing contracts with worked examples
Explores the interface with other areas of law where appropriate such as equity, property, disputes, and directors’ liability
Includes 26 graphs, charts and diagrams to support the written text and a glossary of relevant terms
Sets the principles within the complicated contractual relationships of the construction industry
Includes detailed analysis of technical areas such as assignment, novation, trust, set-off, bonds and guarantee
Discusses how insolvency commonly arises in the construction industry
Considers formal and informal insolvency - and deals with insolvency claims
Looks at adjudication, and the relationship between adjudication and insolvency enforcement procedures
Covers directors and employees involved in construction insolvencies
New to the 5th Edition:
The impact of insolvency law on the project bank account
The statutory construction trust recommended by the Collins Report (NSW)
The effect of cases from the financial sector on the termination of a construction contract