Construction Cafe: Insolvency

INSOLVENCY — it’s a hot topic in the news just now, with little doubt the compulsory liquidation of CONSTRUCTION GIANT CARILLION WILL HAVE A WIDE-ranging impact on our sector.But, as someone involved in the construction industry, how much do you know about the process of insolvency, and what happens if you’re owed money by a company that’s called in liquidators or administrators? In short — how can you minimise the risk to your own organisation and its workforce? Our construction café opens its doors again on 2 March, and joining us are Gordon MacLure and Carol James from Johnston Carmichael’s restructuring team, with Tim Thomas from our own insolvency practice. This session will cover — * What insolvency procedures involve * How formal insolvency procedures fit with a creditor’s approach to credit control and debt collection * What happens if one of your customers goes insolvent before you take action? Refreshments are provided, and these free café events are a great networking opportunity. Spaces are limited, so early booking is recommended. * Carol James Johnston Carmichael Assistant Manager * Gordon MacLure Johnston Carmichael Partner, Restructuring * Tim Thomas Ledingham Chalmers Partner