In ‘The Terminator’, Simon Tolson will discuss the latest case law, developments, and legal issues surrounding the termination of construction contracts.
Termination is a powerful and definitive device that discharges all unperformed primary obligations under the contract yet to accrue and ends the contractual relationship, often instantaneously.
Profound commercial and financial consequences for the parties can ensue. This can be acute for the defaulting party. Not only are they deprived of the benefit of the contract; in many cases they must also compensate the injured party in damages. But, equally, getting it wrong can also be very dangerous for the ‘innocent’ party.
There have been a number of important decisions in the courts since 2022, the implications of which will be examined by Simon in more detail. Simon’s presentation will be essential viewing not just for JCT contract users but all those involved in the contractual process within the construction industry.