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Letters of intent
I am developing a retail scheme. The construction contract is not yet finalised but I need the contractor to start work if I am to open on time. My quantity surveyor has suggested a letter of intent. Will this help?
Home » Author Archives: Alex Cunliffe
Conversion to limited liability partnerships
Question: I have appointed the same consultant on a series of projects for several years. It has now told me that it is converting from a partnership to an ‘LLP’. What is this and how does it affect me?
Going for broke
Ashurst’s Alex Cunliffe explains what to do if a contractor becomes insolvent
Third-party rights
Question I am taking an FRI lease in a newly completed office. I will get third-party rights rather than collateral warranties from the construction team. Is the developer right that they are as good as, or better than, warranties?