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It’s time to review your contract payment terms

There has always been an uneasy interaction between the payment provisions in the Construction Act and the need for parties to a construction contract to invoice one another. As Martin Ewen explains, a new Technology and Construction Court case heard earlier this year has closed a frequently used contractual “workaround” and made both clients and contractors look again at their standard terms.

English Court of Appeal allows enforcement of an arbitration award on the grounds of excessive delay in the court proceedings challenging the award at the seat of arbitration

The Court of Appeal decided that the lengthy delays (which it was estimated could run into decades) in the proceedings challenging the award in Nigeria were such that it would be inconsistent with the principles of the New York Convention if IPCO had to wait until the outcome of those challenges in the Nigerian courts before being able to enforce the award.