Collateral Warranties & Third-Party Rights - Key Guidance for Development Projects

Introduction

This webinar will explore contractual arrangements relating to the taking and giving of security pertaining to construction projects and real estate deals.

With a special focus on commercial development and investment portfolios, collateral warranties and Third-Party Rights (TPR) are key to a successful and stable project structure, and getting this right at any early stage will pay dividends later.

The webinar will investigate the ‘need’ and the ‘want’ for third party security and what drives these ideals. It will also foresee the impact for the short term and the longer term. It will identify the features of security that demonstrate effectiveness and value, and why these are important to givers and receivers.

What You Will Learn

This webinar will cover the following:

• What are the latest wants and needs around third party security?
• What are the impacts in the short term and longer term?
• Contextualising in the UK
• What do JCT and NEC contracts do around security?
• Current market trends
• Key case law
• Takeaways

This webinar was recorded on 20th June 2024

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