Revised Central Bank Guidance regarding Saving and Investment Insurance

Pay-when-paid clause can be defeated

Written by Antonios Dimitracopoulos for MEP Middle East    The often-dreaded pay-when-paid clause in subcontracts has deterred many from pursuing what is an otherwise legitimate claim. The common concern has always been that a defence would almost certainly be raised by the main contractor that no corresponding payment has been made by the employer and, as such,…