Prepare the ground for effective contract administration: the UK’s Privy Council looks at termination risks and the employer’s rights of set-off under the FIDIC Red Book
By EsqSocial Corporation 28/08/15
Introductory remarks - The UK’s Privy Council recently considered the interpretation of two clauses in the FIDIC Red Book 1999, concerning the obligations of an employer to evidence financial arrangements and to notify employer’s claims....
By: Reed Smith