Financial Problems in a Development Contract

Abstract

Considers wrongful trading and the company′s position in its dealings with third parties when facing the possibility of insolvency. Explains the legal considerations, the disqualification of directors and preferences and transactions at an undervalue. Offers practical suggestions for a developer or contractor when the other is facing financial difficulties.

Citation

Fletcher, I.M. (1991), "Financial Problems in a Development Contract", Journal of Property Finance, Vol. 2 No. 3. https://doi.org/10.1108/09588689110034819