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HKA & Spencer West LLP – Understanding Construction Insolvency in the Wake of COVID-19

Webinar
Event Details
Date & Time
26 November 2020 10:30 - 11:30 GMT
Location

Webinar

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HKA and Spencer West LLP invite you to join this free webinar focusing on insolvency in the construction industry supply chain. Understanding its causes and implementing mitigation measures can undoubtedly help minimise the impact. Within the backdrop of this intense COVID-19 climate, our experienced panel of commercial, financial and legal experts will explore safeguards that can be implemented when putting construction contracts in place, as well as the practical steps to take should an insolvency event impact your construction project and your supply chain.

DISCUSSION POINTS

Legal Issues 

  • Introduction to insolvency. 
  • The practical impact of the new Corporate Insolvency and Governance Act 2020. 
  • Standard forms of contract – JCT & NEC provisions (impact of the new Act). 
  • Security packages (performance bonds and parent company guarantees). 

Quantum Issues  

  • Practical steps that parties can take to protect themselves. 
  • Preparing for insolvency – how to spot the warning signs on a project. 
  • Some simple “dos and dont’s” of insolvency. 

Financial Issues 

  • Red flags – how to test when companies (contractors, subcontractors or employers) are in financial difficulty. 
  • Warning signs that banks and investors look for. 
  • What owners (or those putting out tenders) can do upfront to address potential issues.  

WHO SHOULD ATTEND?
Contractors, Subcontractors, Suppliers, Employers

SPEAKERS



SEKAI NYAMBO – CHAIR
Associate Director, HKA


COLIN JOHNSON
Partner, HKA


PAUL CACCHIOLI
Director, HKA



ELIZABETH VAGO
Partner, Spencer West


JONATHAN MORE
Partner, Spencer West

Sekai Nyambo – Associate Director/Chair, HKA
Sekai is a chartered quantity surveyor in HKA’s quantum team with 16 years’ commercial and contracts experience in the engineering and construction industries. Her portfolio includes major projects across a wide range of market sectors throughout the UK, Europe and South Africa.

Colin Johnson – Partner, HKA
Colin has over 25 years’ experience including acting as a lender, equity investor, developer, and legal and financial adviser. He has been appointed as an expert witness on more than 30 occasions for a variety of cases ranging up to US$50bn+ in claim value.

Paul Cacchioli – Director, HKA
Paul is a chartered quantity surveyor with more than 30 years’ construction industry experience. He has been appointed as a quantum expert on seven occasions for disputed projects including transport infrastructure and residential, mixed-use and healthcare buildings, with values of up to £250 million.

Elizabeth Vago – Partner, Spencer West
Elizabeth has over 20 years’ experience of a wide variety of large social infrastructure projects, renewable energy projects, local government outsourcing contracts, general commercial contracts and privacy and compliance in private practice and in industry.

Jonathan More – Partner, Spencer West
Jonathan has 20 years’ extensive experience as a qualified lawyer working on major construction and engineering projects, providing full project support from procurement through to contract close-out. 

Event Details
Date & Time
26 November 2020 10:30 - 11:30 GMT
Venue

Webinar

Book Now

This publication presents the views, thoughts or opinions of the author and not necessarily those of HKA. Whilst we take every care to ensure the accuracy of this information at the time of publication, the content is not intended to deal with all aspects of the subject referred to, should not be relied upon and does not constitute advice of any kind. This publication is protected by copyright © 2020 HKA Global Ltd.