Originally broadcast on Wednesday, September 21, 2011 - 12:30

Whether you are suspending, terminating or repudiating a construction contract, there are substantial legal risks to consider, making it essential that you get it right. The current economic climate has resulted in a dramatic increase in insolvencies and subsequently a rise in the number of contracts being terminated. Our webinar will examine the circumstances in which it is correct to suspend or terminate a contract as well as the consequences of getting this wrong, offering you practical tips to ensure that you do not fall foul of the rules.

This webinar covers:
• The right to suspend performance under a construction contract – when does this arise?
• What are the consequences of a wrongful suspension?
• What are the consequences of a valid suspension on the suspending party’s cost and time entitlements?
• What is the legal threshold to establish repudiation of a contract, with case law examples
• What is the effect of a repudiation and what rights and remedies apply post repudiation
• Contractual rights to terminate - relationship to repudiation
• Contractual procedures must be strictly followed
• Wrongful termination
• Consequences of termination
• Termination for insolvency