Novation

Novation guidance:

This Practice Note looks at the standard form novation agreements published by the City of London Law Society (CLLS) and the Construction Industry Council (CIC). In...

Practice Note

What is novation? Novation is the transfer of one party’s rights and obligations under a contract to a third party. Novation effectively substitutes a contracting party...

Practice Note

A no loss defence often arises due to the nature of the contractual matrix on construction projects. For example, a contract may be novated, the employer may not own the...

Practice Note