Collateral Warranties: For Construction Contracts

Because of changes in the law, developers, tenants and funding institutions have increasingly been requiring architects, engineers, contractors and sub-contractors to enter into collateral warranties to create a contractual relationship with them. These warranties can be extremely ardous and cause serious problems in relation to professional indemnity insurance and cover. This work takes account of new standard forms of warranty, covers an important House of Lords’ decision and other recent case law, and includes substantial new information on the problems of assignment.