Searching Content indexed under Project Finance/PPP & PFI by CMS Cameron McKenna Nabarro Olswang LLP ordered by Published Date Descending.
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High Court Considers Enforcement Of Indemnities
Must an indemnifying party meet in full all claims arising, including a third party claim which has not been defended by the indemnified party?
9 Feb 2011
Local Growth White Paper: LEPs Revealed
The Department for Business Innovation & Skills has published its White Paper on Local Growth, (the "White Paper") which adds detail to the Government’s plans to shift decision-making and delivery powers to a local level to promote economic growth in local economies.
1 Nov 2010
Green Investment Bank part of Growth Strategy for Infrastructure
The Government is looking to the private sector to invest four-fifths of the £40-50 billion per year needed to develop the infrastructure for growth and will use Infrastructure UK and the Green Investment Bank to help create the right conditions for that investment.
28 Jul 2010
Easier Construction Of Transport Infrastructure
The planning and construction procedures for transport infrastructure have been simplified and shortened under new legislation introduced on 27 November 2009.
Czech Republic
25 Jan 2010
Infrastructure Investments For The Olympics Rio 2016
The recent selection of Rio de Janeiro as host city for the 2016 Olympic and Paralympic Games just underlines what many have being saying for some time now: that Brazil has truly arrived as a power on the international stage.
27 Oct 2009
Construction Act Changes: Hope For PFI/PPP Transactions
Last week the Local Democracy, Economic Development and Construction Bill completed its passage through the House of Commons.
23 Oct 2009
Construction Act Changes Debated At Key Committee Stage
Last week the House of Lords debated the changes to the Construction Act at the key committee stage when they are supposed to be subjected to their greatest scrutiny.
16 Mar 2009
New PPP Laws
Changes to public-private partnerships come into force on 20 and 27 February 2009.
17 Feb 2009
Schools Standard Form Project Agreement Re-Issued
Partnerships for Schools ("PfS") has today published its revised standard form PFI Project Agreement. The re-issue, which is part of an overhaul of the entire suite of Building Schools for the Future ("BSF") documents, represents a major step forward in the evolution of BSF procurement.
13 Dec 2007
Council Has Right To Sell PFI Assets Before Resolving Ownership Dispute With Bank
In a case that will be of interest to all PFI lenders, a court has allowed a local authority to sell certain assets despite a claim by the Bank that they were secured by charges. Whilst this decision might appear to give PFI lenders cause for concern, the real issue as to whether the Bank's security survived termination of the contract by Council is yet to be determined.
2 Oct 2006
Freezing Injunction During Winding Up Should Be Obtained By Provisional Liquidators
This recent case held that the court has jurisdiction to grant freezing orders against third parties pending a winding-up petition but such orders should be obtained by provisional liquidators and not petitioning creditors.
29 Sep 2006
Drought orders in PFI projects
Recently a number of water utilities have either been granted or applied for drought orders under the Water Resources Act 1991. A drought order allows water utilities to ban "non-essential uses" of water in a specified area whilst the drought order is in force.
7 Jul 2006
The PFI Refinancing Conundrum
The refinancing of PFI Projects continue to be a focus of concern in the PFI sector. On one hand, the benefits to both the public and private sector are clear; on the other, reports such as that released by the National Audit Office last April, highlight concerns with the current mechanisms that apply to refinancings (both specific contractual arrangements (in accordance with PUK/OGC guidance and otherwise) and the voluntary code that applies where there are no contractual arrangements to share
12 Jun 2006
Insolvency: new concerns over liquidation expenses
The Financial Markets Law Committee has called on the Insolvency Service to review its proposals to make liquidation expenses payable in priority to the claims of floating charge-holders.
28 Mar 2006
New Procurement Rules come into force
The UK regime governing procurement by public bodies and by utilities has today been overhauled by the introduction of two new sets of regulations – The Public Contracts Regulations 2006 and The Utilities Contracts Regulations 2006.
10 Feb 2006
PFI subcontracts: doubt cast on effectiveness of Equivalent Project Relief clauses
The recent case of Midland Expressway Limited -v- Carillion Construction Limited & Ors [2005] EWHC 2963 (TCC) has cast doubt on the effectiveness of equivalent project relief clauses in PFI subcontracts.
12 Jan 2006
Make your opinions known: the impact of new procurement regulations on PPP/PFI
The Office of Government Commerce (OGC) is currently consulting on the implementation of new procurement rules in the UK.
4 Aug 2005
The Equator Principles - CSR in practice
The Equator Principles are a set of principles adopted by many leading banks to ensure that they provide finance only to projects that are developed in an environmentally and socially responsible manner.
14 Jun 2005
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