This was a complex tri-partite arrangement with Bondcare taking full control of Darrington’s operational care home business, and Target REIT taking over the real estate freeholds of five care homes.
Our construction experts tailor-make solutions that mitigate risk and help deliver successful energy, transport, real estate and infrastructure projects globally.
Economic development and rising living standards are driving investment in infrastructure around the world. Our international team provides a complete legal service, non-contentious and contentious, across the lifecycle of construction projects, from initial development and key commercial considerations through to contract management and dispute resolution.
We advise on projects in the Americas, Africa, Europe and Asia across our core sectors of Energy, Transport and Real Estate. By combining the commercial expertise we have acquired over years of working in these industries with technical excellence, we minimise risk and maximise business outcomes for our client.
Because we act for lenders, consultants, sponsors, contractors, developers, governments and local authorities, we have a 360-degree view of the needs and concerns of all parties involved in construction contracts, and this informs our balanced approach to drafting, negotiating, advising and advocating for and on behalf of our clients.
In addition to working with standard form construction contracts such as FIDIC, JCT and NEC3, we regularly create bespoke arrangements to ensure the successful delivery of the commercial aspirations of our clients. Utilising the complementary experience of colleagues in areas such as environment, health and safety and finance also ensures that our advice addresses all relevant considerations for construction projects.
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WFW was recognised for obtaining a landmark High Court ruling on the enforcement of adjudication decisions in cases of fraud in construction projects on behalf of Bester Generacion in the case of PBS Energo A.S. v Bester Generacion UK Limited
The English Technology and Construction Court has held that the operation of a pain/gain mechanism in an NEC3 Option C (target cost) form of contract was only to be applied once works had completed, and not on an interim basis.