Commercial

Many directors assume that if their enterprise fails, their personal assets will stay safely behind the corporate veil – but the reality is very different. When a construction company collapses, its directors can find themselves facing legal actions, financial liabilities, and professional ruin....
In this article we discuss the two main JV structures used in construction and the key issues that should be addressed when forming either model. The structure selected will shape how the relationship operates, how risks are managed and how the project is ultimately delivered....
Major construction projects often bring multiple companies together to tackle large-scale work. One common solution is the joint venture (JV): an arrangement where two or more parties combine their resources and expertise to deliver a specific project, sharing in the profits (and losses)....
A commercial lease is more than a document that gives you the right to occupy a space. It is a strategic tool that shapes the financial and operational relationship between landlord and tenant. Get it right, and it can support a stable and productive business relationship. Get it wrong, and...
Legal costs are often viewed as a necessary evil, an overhead to be kept low and called upon only when things go wrong. But many successful contractors are flipping that model on its head. By embedding legal expertise into their project teams from the outset, they’re not just avoiding disputes,...
Selling a construction business is a big step that you might only get to do once. The last thing you want is for the deal to fall through or for a buyer to slash the price because a nasty surprise pops up during due diligence....
Selling your construction company isn’t just a business decision. It’s often the culmination of years of hard work, calculated risk, and persistence in a tough industry. When the time comes, most owners want to know one thing: how do I get the best possible price for what I’ve built?...
With construction insolvencies continuing to climb - more than 2,600 companies went under in the past year - construction companies are increasingly wary about unfair preference claims. These claims can sting: you finally get paid, only to be told later you have to give that money back. So, can you...
In the fast-paced construction industry, slowing down might just save you in the long run. Taking the time to set up risk management systems and infrastructure is crucial to protecting the value - and helping the long-term profitability - of your construction company....
Whether you're a fledgling startup or a seasoned company, dealing with a shareholder or director dispute can quickly turn into a messy ordeal....