Recent Decision Serves As Stark Reminder To Revise Bespoke Contracts Regularly
The recent decision of William Hare Limited v Shepherd Construction Limited [2009] EWHC 1603 (TCC) serves as a stark reminder that bespoke contracts need to be revised regularly rather than seen as a finished product and never revisited.
The Enterprise Act 2002 has provided that an insolvent company can go into administration through a self-certification process. This was not a procedure recognised under the Insolvency Act 1986.
Shepherd had entered into a sub-contract with William Hare to supply and erect steelwork on a development project in Wakefield. Shepherd attempt to rely upon a pay when paid provision as is permitted by the...
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