Architects and contractor insolvency, restructuring and insolvency news 2023

Architects and contractor insolvency: your guide to how it works and what to do if it happens - RIBA

Jonathan Gorman, Associate in the Russell-Cooke Solicitors, restructuring and insolvency team.
Jonathan Gorman
1 min Read
An architect employed by a client or contractor would almost always be an unsecured creditor.

Speaking with the RIBA Journal, Russell-Cooke's restructuring and insolvency expert discusses the rise in contractor insolvency and how it can affect architects. They suggest architects need to understand the different forms of insolvency and how creditors are likely to be treated under these different scenarios. The full article is available to read online at the RIBA Journal.

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