Gain insights into the crucial processes of assignment and novation within the construction sector. Navigate the complexities of transferring rights and obligations effectively, ensuring seamless contractual transitions. Our practical guidance equips legal practitioners with the knowledge to implement and advise on these vital procedures, minimising risks and maximising efficiency in construction projects. Explore comprehensive resources to enhance your proficiency in handling these pivotal legal mechanisms.
The following Dispute Resolution news provides comprehensive and up to date legal information on ATE policy insufficient security for costs due to drafting deficiencies (Lloyds v Accor)
What are preliminaries in a construction contract?What are prelims?‘Preliminaries’ in a construction contract, or ‘prelims’, is typically taken to...
What is a variation on a construction project?A variation (sometimes referred to as a change) is an alteration to the scope of work originally...
Time of the essence—construction contractsWhat does time of the essence mean?Where time is 'of the essence' it means that the stated time for...
Product liability insurance for the construction industryThis Practice Note looks at product liability insurance from the perspective of those engaged...
What is the significance of an equitable assignment in the context of the assignment of future rights under a contract (or a chose in action)?An assignment is the transfer of a right or an interest vested in one party (assignor) to another party (assignee). The effect of a valid assignment is to
Late payment penalties—inheritance taxWhile interest often accrues on overdue tax, the late payment of certain taxes may also attract a penalty. For information on the interest accruing on overdue tax, see Practice Notes: IHT—payment deadlines on death—Interest on IHT and Interest on late paid
Contributory negligence in personal injury claimsContributory negligence is a partial defence which can lead to a discount in damages.Other defences may also be relevant. See Practice Notes: Did the claimant consent to the risk of injury? and Was the claimant involved in an illegal activity?If a
Glossary—Latin legal termsDespite attempts in recent years to simplify the language used in legal cases, there are still a number of Latin phrases commonly used in personal injury claims. The following Latin phrases are listed in alphabetical order:Latin
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