Ardmore Construction Group is going into administration today. £350m turnover. 10 live London projects abandoned this morning. Hotels in Mayfair and Kensington. Residential towers. King's Cross life sciences campus. If you live in London, you've almost certainly walked past a building they built. This isn't a business failure. This is what post-Grenfell liability looks like when it finally catches up with you. Building Liability Orders under the Building Safety Act can now pierce corporate structures and pursue parent companies for historic defects. Barratt, Taylor Wimpey and Bellway were all in the queue. Clients got nervous. New work dried up. Cash flow collapsed. 100 jobs. Unpaid subcontractors. Projects without a contractor. Ardmore won't be the last. #UKConstruction #BuildingSafety #Grenfell #BuildingLiabilityOrder #London #PropertyDevelopment #UKProperty constructionenquirer.com/202…

Under Section 130 of the #BuildingSafetyAct, the High Court now has the right to make a #BuildingLiabilityOrder. This extends the liabilities of one company to its associated company/companies, making them jointly liable. Andrew Olins elaborates: shorturl.at/xbU7e #IBBLaw