Insights: Sasha Pirbhai

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Step-in rights: Gilding the lily, or worth their weight in gold?

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Step-in rights can help to keep a project on the rails if it becomes distressed – but how effective are they? A common feature of collateral warranties or third-party rights is a right for the beneficiary (often a funder) to ‘step in’ and take over the developer’s rights as employer of a building contractor or […]


Letters of intent: Legal uncertainty vs commercial reality

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Well-drafted letters of intent can be very useful for contractors, but are no substitute for a carefully negotiated and well-managed contract. Here are the main points to consider when putting together yours. In an ideal world, employers and contractors would finalise all aspects of a deal and record it in a signed contract before any […]