Security of Payment in Hong Kong - Learning from the UK Adjudication Experience
Thu 25 Nov
|Webinar by Zoom
Followed with the Asian and Australian experience sharing in mid-September, The Hong Kong Institute of Construction Adjudicators and The Lighthouse Club Young Member Group invite you to an evening webinar exploring security of payment regimes in the United Kingdom.
Time & Location
25 Nov 2021, 18:30 – 19:30 GMT+8
Webinar by Zoom
About The Event
In the UK every party to a construction contract (save for certain identified exceptions) has a statutory right to give notice of its intention to commence an adjudication “at any time”, regardless of the size or nature of the dispute. Once the dispute has been referred to adjudication the adjudicator has just 28 days in which to reach a decision that is temporarily binding upon the parties.
Statutory adjudication was introduced in the UK with effect from May 1998. In the period since, the Technology and Construction Court (the specialist part of the English High Court concerned with construction disputes) has developed a number of legal principles governing the enforcement and validity of adjudication decisions and related topics via a mass of reported decisions.
The webinar will identify the purpose of adjudication and its relationship with payment obligations. It will consider the principal jurisdictional challenges and how to avoid them…