Collapse of ISG and Contractor Insolvency – another stark warning to the construction industry
This brief update covers ISG’s collapse and formal entry into administration on 20 September 2024.
An impact of the increasing global appetite for real estate assets is that property transactions are becoming ever more complicated, structurally and financially. Our international scope combined with local expertise on the ground qualify us to handle and complete a multitude of complex cross-border real estate transactions.
Our multi-disciplinary team has a hands-on approach that gives you finely tuned commercially-focussed advice for every stage of the property lifecycle including site assembly, planning, construction, project development, financing, sale and purchase, leasing and investment. And with a wide understanding of the real estate market, our restructuring and dispute resolution lawyers can expertly steer you through commercial difficulty or economic downturn.
We represent owners, developers, landlords, tenants, lenders and investors including private equity, REITs and borrowers across all segments of the real estate market, from office, retail, hotels and hospitality to logistics and mixed-use.
In addition to standalone real estate mandates, we add particular value to infrastructure projects across the energy and transport sectors, regularly advising on the real estate aspects of large, multi-faceted projects through a combination of our technical expertise and industry knowledge.
This brief update covers ISG’s collapse and formal entry into administration on 20 September 2024.
In this edition of Commercial Disputes Weekly, we discuss the Supreme Court’s reasons for granting an anti-suit injunction in support of a Paris arbitration, as well as decisions on agency, climate issues in planning permission and abusive proceedings.
Further to our recent case updates, we look at another recent decision involving Providence Building Services Ltd and Hexagon Housing Association Ltd.