Legal Briefing: Advance Payments

What Happens To Them When Things Go Wrong?

Advance payments are a common feature of contracts. They are used to fund the work and they provide protection against a customer’s default. But what if something unexpected prevents the supplier from completing its side of the contract? What should happen to the money then? The Court of Appeal had to consider this question recently, and its ruling has some important ramifications for POPAI’s members.


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