Managing Insolvency in the Supply Chain
A Practical Approach
10th November 2023
12.00 - 13:00
The construction and engineering industry plays a significant role in the economy, accounting for approximately 8% of GDP and creating jobs, supply chains, and long-term benefits.
However, recent economic trends have led to increased costs for construction and engineering projects, including inflation, currency fluctuations, and the supply of materials and labour. This seminar will address these challenges and share strategies for setting up projects in a recession-proof manner.
Lauren Hartigan-Pritchard, Legal Director and Head of Restructuring and Insolvency at Higgs LLP will provide a brief overview of the current and anticipated longer term state of the market and insolvency trends.
Richard Whittaker, Director of Development at Citizen Housing will share a strategy developed in-house at Citizen Housing for identifying potential insolvencies in the supply chain.
And finally, Rachael Hobbis, Partner and Head of Construction and Engineering at Higgs LLP will discuss opportunities to recession-proof construction contracts.
As a Legal Director in the Business Services team, Lauren specialises in restructuring and insolvency. She advises insolvency practitioners, business owners and private individuals on both contentious and non-contentious insolvency matters.
She regularly deal with director disqualifications, administrations, compulsory and voluntary liquidations, personal insolvency and voluntary arrangements.
Lauren prides herself on delivering practical, commercial advice and building strong relationships with my clients.
Specialising in construction and engineering procurement matters and forms of dispute resolution, Rachael is a Partner at Higgs LLP specialising in Construction and Engineering law. Prior to joining Higgs LLP, Rachael worked for a national Top 50 law firm.
Rachael has extensive experience of a wide range of sectors and regularly acts for all manner of stakeholders having an extensive working knowledge of the industry specific legislation and the various forms of construction contract. Rachael supports clients through procurement of projects and has acted on projects ranging in value up to £100 million as well as often supporting clients during the life-cycle of a project as required to prevent disputes arising. Rachael also deals with all forms of dispute resolution and have experience of dealing with contracts ranging disputes ranging in value up to £28 million.
Rachael sits on the committee for the Constructing Excellence Birmingham and Black Country Club and Rachael is a visiting lecturer at Birmingham City University having also previously lectured at Aston University.
Richard is currently the Director of Development for Citizen Housing and responsible for delivery of their new build programme which is currently forecasting in excess of 700 units across 43 sites with 23 developer partners. His responsibilities include time cost and quality management of a budget in excess of £100m
With over 40 years’ experience in the construction industry Richard is well versed in the challenges and opportunities that exist both practically and strategically
That practical knowledge alongside experience in delay analysis and managing insolvency challenges has equipped Richard with practical attributes to understand and manage insolvency situations.
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