Solutions that work for your business
The construction industry brings with it many risks and is consistently battling with new budget reforms, manufacturing issues and contractor failure or late payment.
In some cases the warning signs of distress are easy to identify in others in can be sudden and out of your control. Unfortunately in construction the failure of just one contractor can have a domino affect on other contractors and developers.
Our knowledge and expertise means Moorfields specialists have helped guide a number of construction clients through distressed situations. Problems can often arise from :
- Agreeing favourable payment terms
- Defect identification and resolution
- Inflated claims
- Late payments
- Delays in paying sub contractors
- Filing late accounts
When everything else is against you, its good to have sound advice from Moorfields to guide you through your options.