Companies who had commercial dealings with Carillion are advised to check their contracts carefully and seek legal advice. Unsecured creditors need to take care to ensure that contracts are automatically discharged and consider retention of title provisions as well as recovery of monies for work undertaken. Directors need to consider the collateral effect caused on their business by Carillion’s liquidation and to seek to avoid personal liability for the problems that may ensue.
Jarmans are a commercial firm of solicitors in Kent and act for both UK based and international clients. John Walmsley, a consultant solicitor to Jarmans, has over 20 years professional experience working with clients in the construction and insolvency sectors.
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