Herbert Smith Freehills’ Post

Explore the latest insights and updates from our Global Construction and Infrastructure team in Global Perspectives: Construction & Infrastructure Disputes 2024. This roundup offers concise updates from our global network, highlighting significant developments in the construction and infrastructure sectors throughout 2024. Read it here - https://lnkd.in/eGwxWAWY This year has posed numerous challenges for the global construction industry. Inflation, supply chain disruptions, and geopolitical tensions have driven up costs and caused delays. As a result, contractors are increasingly pursuing claims to mitigate financial losses, often through innovative legal strategies. We've also seen a rise in termination cases and bond calls. Amid these challenges, there have been positive strides in the global energy transition. New regulatory frameworks and project initiatives are being introduced to support advancements in renewable energy and infrastructure. Additionally, significant legal developments have emerged, addressing non-payment of contractual debts and enhancing security of payment legislation. #Disputes #Construction #Infrastructure #EnergyTransition #PaymentLegislation

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