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Insolvency in construction contracts

Posted on: 6 March 2014
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Filed under: News

The construction industry has seen more than its fair share of insolvency in recent years. The contributory factors, making this industry more prone than any other, are a combination of its working on very low profit margins and reliance on so many different contributors in a chain. The author of this article argues that understanding insolvency and what to do to minimise its impact before the event is worthy of closer inspection.

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