Securing Release of Retention

It is industry recognised that 50% of retention is released at practical completion, (although when practical completion is achieved is, in itself, a separate hot topic).  However, when agreeing contract terms, little attention is paid to when the remaining 50% retention is released.

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Director Joins TP Insolvency Team

Turner Parkinson’s Insolvency team has been strengthened with the appointment of Martin March as a Director. Martin’s arrival will add further knowledge and experience to what is already a strong team.

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TP Complete Deal for UK ICT Solutions Provider

The Corporate team at Turner Parkinson have advised Innov8 Technology Limited, a leading provider of ICT solutions, on the acquisition of Viking Management Systems Limited, a Sage Solutions expert. The acquisition expands their geographical reach from the North West into Yorkshire and the North East.

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Pre-Action Protocol for Debt Claims

The Pre-Action Protocol for Debt Claims (“PAPDC”) comes into force on 1 October 2017.  The PAPDC outlines the conduct that the Court will normally expect from parties in debt claims prior to the issue of Court proceedings.

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TP Real Estate Team Advise Seven Capital on Slough Residential Site

Turner Parkinson’s Real Estate team recently advised Birmingham based developer Seven Capital on the acquisition of a residential development site in Slough, Berkshire. Seven Capital purchased the site from Lion House Depot Limited for £10.5m.

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