You Should Switch to JCT 2016 Now
You should now switch your main contracts, or your sub-contracts if you are a contractor, to the 2016 editions now.
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.
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.
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.
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.