Construction disputes expert Lawrence Davies of Pinsent Masons, the law firm behind Out-Law, said the eagerly anticipated decision means that contractors can expect to receive a significant increase in adjudications brought by insolvent sub-contractors, especially in light of the economic difficulties many companies in the construction industry are likely to face as a result of the Covid-19 pandemic.
“The Supreme Court has opened the door to adjudications being started by companies in the construction industry who have become insolvent,” Davies said. “Contractors can expect to see more of these claims in the years ahead.”
“This means that the contractor will have to expend costs, which it will not recover, if it wishes to defend the cla…
Read the full article at: https://www.pinsentmasons.com/out-law/news/supreme-court-adjudication-uk-insolvency