Is Payment Required for the Vesting of Materials Under a Vesting Certificate?

January 13, 2020| Construction, Construction Contracts, Vesting Certificates

In the recent case of VVB M&E Group Limited & Anor v Optilan (UK) Limited, the court considered the terms of two ambiguously worded vesting certificates to determine whether ownership of materials had vested in the transferee. Background In 2015, … read more