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Escrow agreement included pay-when-paid clause

Practical Law UK Legal Update 1-520-4402 (Approx. 4 pages)

Escrow agreement included pay-when-paid clause

by PLC Construction
In J B Leadbitter & Co Ltd v Hygrove Holdings Ltd [2012] EWHC 1941 (TCC) HHJ Havelock-Allan QC held that an escrow agreement (which was a construction contract) included a pay-when-paid clause contrary to section 113 of the Housing Grants, Construction and Regeneration Act 1996 (Construction Act 1996) and awarded summary judgment.

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End of Document
Resource ID 1-520-4402
© 2024 Thomson Reuters. All rights reserved.
Published on 18-Jul-2012
Resource Type Legal update: archive
Jurisdictions
  • England
  • Wales
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