Termination of major construction contracts has traditionally been seen as a last resort, leading many parties to soldier on in bad situations given the potential risks of terminating. However, recently we have seen parties...more
On 22 February 2024, the UK government confirmed the UK’s withdrawal from the Energy Charter Treaty (ECT), blaming a failure of efforts to modernise the treaty and align it with net zero aims. The UK joins nine EU member...more
Japanese heavy-industries companies that typically act as contractors or suppliers on projects are increasingly invited to contribute as equity investors in the projects they construct or supply major equipment to, thereby...more
11/14/2023
/ Conflicts of Interest ,
Construction Industry ,
Construction Project ,
Contract Terms ,
Contractors ,
Dispute Resolution ,
Engineering ,
Equity Investors ,
General Contractors ,
Heavy Equipment ,
Investors ,
Japan ,
Lenders ,
Operation & Maintenance ,
Ownership Rules ,
Performance Standards ,
Procurement Guidelines ,
Project Finance ,
Public Private Partnerships (P3s) ,
Supply Chain