Arbitration Act’s 25th anniversary: an opportunity for wider reform

In our latest Alternative Dispute Resolution series article Tracey Summerell of Dentons UK and Middle East LLP argues that the current Arbitration Act review is an opportunity ask how the Act could promote fairness, equality, transparency and access to justice as well as legal and technical excellence.

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New and proposed legislation: State of play table 267

This table, prepared by Barrett Byrd Associates, provides a regularly amended guide to new and proposed legislation that will affect the construction industry. In addition to EU Directives and UK legislation, the table includes notes highlighting discussion papers issued by both government and non-government organisations, and commentary on the latest developments.

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Building safety funding plan creates uncertainty

Making progress towards net zero carbon, upping the game on building safety and addressing future skills needs are among the Construction Leadership Council’s key stated priorities for the construction sector this year.

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Legal Terms Explained: Penalty Clauses

If a clause in a contract requires a payment in the event of a breach which would be extravagant, exorbitant or unconscionable when compared with the losses flowing from that breach, that clause is a penalty clause, and, as a matter of English common law, is unenforceable.

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Brewing storm of insolvencies threatens projects

Construction works risk being left incomplete, becoming heavily delayed or going far over budget if insolvencies keep climbing this year, a report has warned as inflationary pressure continues to impact the sector.

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ACM dangers known 16 years pre-Grenfell, inquiry hears

Government failed to warn the construction industry about the risks of cladding tall residential buildings with aluminium composite material despite a “catastrophic” fire test 16 years before the it contributed to the rapid spread of fire at Grenfell Tower.

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KPMG sued for £1.3bn over Carillion audits

Auditing giant KPMG is being sued for £1.3 billion by the Official Receiver over its allegedly negligent audits of collapsed construction outsourcer Carillion’s accounts, according to reports.

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News in Brief: March 2022

Big four accounting firm PwC is being investigated by the Financial Reporting Council due to concerns over past audits of Galliford Try and Kier, according to reports.

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Is PFI about to be reborn?

Just when you might have been excused for imagining that the discredited Private Finance Initiative (PFI) was dead as a construction procurement route, up it pops again.

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NEC issues advice on procuring ECI contracts

New guidance detailing best practice and key issues that clients considering using early contractor involvement on projects should take into account at the procurement stage has been published by NEC.

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