Unfortunately, in these hard economic times, incidences of insolvency
Insolvency in the Construction Industry.
The building industry has been particularly badly hit in recent times and the economic turn-around may be some time off.
CDR has extensive experience in building related insolvency whether it be in working for Insolvency Practitioners in fund collection or advising contractors and suppliers how to deal properly with insolvency should it occur on their contracts. Employers also must heed their actions if a contractor becomes insolvent in the currency of their contracts. CDR can advise on this position and related considerations of completion and novation of contracts in the face of an insolvency.
CDR is well experienced to assist in all of these situations; relying on many years of operating in this particular sphere.