Luke Baines 

  • Luke Baines

    MAC clauses: Phantom menace


    Material Adverse Change clauses are often included in commercial contracts but rarely enforced. Developers need to be aware of what can happen when they are, as a recent case has shown

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    Two’s company, three’s a mess


    The sudden insolvency of a main contractor is always bad news. And if the contractual relationships are not clear it can be even worse, as this case shows