TURNING DISPUTES INTO ASSETS TM
It is well known that construction businesses rely on cash flow for survival and the tendering process squeezes margins. Add in variations, increased cost of/defects in materials, inflation, a rise in interest rates, restrictions on factoring facilities, snagging and delays in payment up the contractual chain, it isn’t difficult to see why many contractors can find themselves in difficulty.
Cash flow is so integral to a construction business that a delay in payment from an employer can have a compounding effect down the contractual chain that could impact the solvency of some main and subcontractors.
Conversely, if there are issues on site causing a delay to practical completion, the employer’s liabilities to other stakeholders may be triggered resulting in a less than profitable project for the employer. Equally, a delay to completion can cause significant financial loss to stakeholders.
Directors, managers and staff within construction businesses are often in a dilemma – if they ignore the disputes on ongoing projects, it causes cash flow issues. If they focus on resolving the disputes, there is a real risk that may restrict their ability to progress other projects, causing cash flow issues and potentially further disputes.
Many construction businesses, developers and asset managers do not have inhouse legal teams. Even those which do have legal teams, they may not be set up for dispute resolution processes or have the internal resources to manage disputes inhouse.
The solution? Being proactive and partnering with Tenarys Law to manage your disputes leaving you to focus on the business of construction.
Simply: by making progress, keeping projects moving where differences arise and cash flowing.
Our goal? To save your business money.
Whether engaged in a residential development, the construction of a skyscraper or major projects, we help construction and engineering clients navigate the complexities arising from project work to minimise disruption, time and expense.
Our team is experienced in acting for and against parties involved in project work including contractors, suppliers, construction and engineering professionals and their insurers.
Our solicitors have handled claims arising from a diverse range of projects including:
In order to keep projects moving or where post-completion defects (design or workmanship) arise, we advise construction companies on risk management or engage in dispute resolution (if required, litigation) to cost effectively bring disagreements to an end. This includes the full remit of dispute resolution including mediation and adjudication.
We act for employers, main contractors, subcontractors, consultants and other project stakeholders. We manage construction claims commercially with a focus on your business objectives.
We take the time pressure of managing a dispute off those responsible within your business so that you can focus on progressing other projects.
Tenarys Law understands that you have business objectives and so we commercially manage your disputes to help you meet those objectives.
We can help commercially manage your disputes, whether in relation to project parties or third party material suppliers, by:
Tenarys Law have the experience and strategic insight to improve your cash flow and save you time and money.
Tenarys Law are experienced in construction and engineering disputes and can assist you at all stages including:
Our experience includes:
Contact us today on 0207 889 0187 or click HERE to
make an online enquiry.
At Tenarys Law, we want to build a relationship with you, help you meet your commercial objectives and become your long term business partner.
For that reason, we are always happy to have a discussion with employers, contractors / subcontractors and construction stakeholders at no cost to you to see how we can assist you with a specific issue and what else we can do to support you with your construction and engineering dispute.
It’s very simple – (1) call us on 0207 889 0187 or contact us via our Free Enquiry Form (2) we discuss your construction disputes, what you hope to achieve and you send us instructions (3) we take some onboarding details, confirm what we have agreed to do and start work.
Yes – we focus on outcomes! Outcomes for the business, outcomes for the team we are working for and the individual who instructs us.
We are a modern, tech focused construction and engineering disputes law firm. We are not hindered by legacy systems and our processes are designed to enable the efficient progress of your construction claim.
This lets us be as agile as you need us to be and provides the flexibility for us to pivot within a case if new information appears so that we can maintain focus on the desired outcome.
In addition, we really get to know you and strive to provide a service which feels like an extension of your construction team.
First, we need to establish what your desired outcomes are and whether they fit into any wider department or business objective. We also need to understand how the claim affects any wider issues that need to be considered. Then we look at everything available to us and prepare a strategy focused on your objectives. It is case specific so you know it is targeted to your objectives and the outcomes you wish to achieve.
No – we don’t. We do not wait until a certain point within the dispute before considering your risk profile. We have a plan that is flexible to the fluid nature of disputes so that steps within the case are directed to the outcomes and objectives you want to achieve.
Let’s talk, there’s a real benefit in doing so: (1) you will be reassured nothing drastic is missing with your current arrangements, or (2) you will have identified that some improvements can be made to your bottom line and Tenarys Law can help you implement them.
Construction disputes are a key component of what we do. We find strategic and commercial solutions to construction disagreements with a view to saving you money and helping you manage cashflow.
To find out how we can help you, contact us now
Level 30, The Leadenhall Building,
122 Leadenhall Street,
London
EC3V 4AB
