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21 Aug 2020

Termination: Contractual Rights to Terminate Curtailed

New legislation has been introduced in the UK which restricts the rights of parties to construction contracts to terminate or even suspend work. This means that even if your contract says you can terminate or suspend - for example, for non-payment - you may not in the future be able to exercise this right. These reforms are likely to lead to significant changes to how parties operate their contracts and credit lines.


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