In this session, our construction law experts from Europe, Africa and the Middle East will explore Termination of Construction Contracts.
We are living in unprecedented times, with exceptional events such as Covid-19 and the war in Ukraine adding additional financial pressures to an industry already under pressure.
The increasing cost and delay risk on projects in respect of shortages of labour and materials and cost uncertainty (whether as a result of inflation or price fluctuations) is leading to a rise in terminations; we are increasingly seeing parties wanting to exit their contracts early and, where that is not possible, they are seeking to reduce their performance / service levels to protect their margins – which in turn is exposing them to termination for non-performance.
Bearing in mind the nuances across the EMEA region, the seminar will discuss:
We will offer the opportunity for all attendees to ask our local experts a question on the topic during the live Q&A.
Anne de Mazières
Associate at Pinsent Masons
Senior Associate at Pinsent Masons