Save yourself time and expense and remember the three C's

Article Abstract:

Construction litigation is notoriously time-consuming and costly, particularly when that could take any project ending up in court. A case of Skanska versus Egger is described, wherein both the parties failed to adopt a sensible and commercial outlook and ended up in a loss and thus, the importance of three C's, contemporaneous, commercial approach, and co-operation is cited.

Legal issues & crime, Government regulation (cont), Construction, Government regulation, Engineering Services, Engineering & Architectural Svcs, Legal/Government Regulation, HEAVY CONSTRUCTION, EX. BUILDING, GENERAL BUILDING CONTRACTORS, Construction industry, Laws, regulations and rules, Architectural design

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How joint venture agreements can be formula for disaster

Article Abstract:

Joint venture agreements are common in the world of property development with profit being a function of incomings and outgoings. However, such agreements are likely to result in disaster with most experienced developers trying to define the formula upon which the divisible element is to be calculated.

Land Subdivision and Land Development, Joint ventures, Subdividers & Developers, Subdividers and Developers, Evaluation, Real estate developers, Company joint venture

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'Adjudibration' promises speedy resolution to contract issues

Article Abstract:

The latest buzzword and trend in construction dispute resolution is 'adjudibration'. This is a hybrid of adjudication and arbitration.

Analysis, Conflict management, Arbitration (Administrative law), Administrative arbitration

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