Late Payment of Commercial Debts (Interest) Act 1998 for Construction Professionals
Available to view from 18 Jul 2025
Added to Basket
Late Payment of Commercial Debts (Interest) Act 1998 for Construction Professionals
MBL Webinar Subscription
Gain 24/7 access to over 1,700 webinars.
Introduction
The Late Payment of Commercial Debts (Interest) Act is a powerful tool for use in obtaining payment and obtaining compensation for late payment.
Understanding its intricacies will assist contract drafters in considering and implementing the optimal approach to its use or disapplication. It will also assist litigators and anyone dealing with a payment issue when considering the effect of the Act and in formulating claims based upon it.
This webinar will provide a detailed explanation of how the Act works together with worked examples of how to apply it, and it will draw attention to case law on its effect.
What You Will Learn
This webinar will cover the following:
- Brief background to the Act
- When it applies
- How it works
- How it applies to advance payments
- Its interrelationship with contractual provisions
- Remission of interest
- Compensation for debt recovery costs
This pre-recorded webinar will be available to view from Friday 18th July 2025
Alternatively, you can gain access to this webinar and 1,700+ others via the MBL Webinar Subscription. Please email webinarsubscription@mblseminars.com for more details.
