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Osborne Clarke

Collecting Cash in the Construction Industry: Tools for chasing debtors

Collecting Cash in the Construction Industry: Tools for chasing debtors

This course aims to equip individuals and companies operating in the construction industry with the necessary knowledge and skills to recover debts without relying on statutory demands. The course will cover the impact of the recent government regulations on the enforcement of statutory demands and the potential alternatives available to creditors.

By the end of this course, you should be able to:

  1. Identify the alternatives to serving a statutory demand in the construction industry when applying pressure on debtors
  2. Learn about the process of reaching an agreement with a debtor for payment on alternative terms
  3. Understand the process of debt recovery proceedings in court and the potential drawbacks associated with it
  4. Understand what adjudication is and when it can be used in the construction industry
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