Posts Tagged ‘Retention’

High Court consideration of retention provisions under the Construction Contracts Act 2002 – Ebert Construction Limited (in receivership and liquidation).

In the High Court decision of Bennett & Ors v Ebert Construction Limited (In Liquidation), the Court was asked to consider the retention provisions of the Construction Contracts Act 2002, and a proposal to distribute 75% of the Retention Fund. Facts. On 31 July 2018 the Applicants were appointed the receivers of the respondent, Ebert [...]

Retentions – Update

In this month’s article I wish to take the reader back to the proposed changes to the retentions regime brought about by the amendments to the Construction Contracts Act 2002.  I have previously identified these changes in earlier articles in this column, most recently in my July 2016 article entitled “Companies may not survive sudden [...]