Nicholas Paszek
Articles by Nicholas Paszek
1 Jul 2026 Can a Majority Shareholder Force Me Out?
One of the most common questions asked by minority shareholders is whether a majority shareholder can force them out of a company. The short answer is that a majority shareholder cannot simply remove you from the business because they own more shares. However, the answer will depend on the company’s governing documents, the structure of […]
Read more 16 Jun 2026 Director Dispute FAQs
Director disputes can create significant challenges for businesses, particularly where directors are responsible for the day to day management of the company. Disagreements can affect decision making, business operations and relationships with shareholders, employees and customers. Below are some of the most common questions we receive regarding director disputes. What Is a Director Dispute? A […]
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12 Nov 2025 Preventing Winding-Up Petitions in Construction: The Importance of Record Keeping in Payment Disputes
Payment disputes remain a recurring challenge in the construction industry, often arising from defective workmanship, delays, or incomplete performance. When such disputes are not managed with clear documentation and procedural discipline, they can escalate into serious commercial risks long after project completion.
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27 Oct 2025 Construction Adjudication Enforcement: How We Secured a £123,000 Payment Without Court Action
IMD Corporate was instructed by a contractor who had recently obtained a favourable adjudicator’s decision in their dispute with an Employer under a construction contract. The adjudicator awarded our client approximately £123,000 following a dispute over the Final Account. Despite the clear award, the Employer failed to comply with the decision. What initially appeared to be a straightforward enforcement matter soon revealed significant complications when a “Full and Final Settlement” document surfaced—one which the client had signed post-decision, without legal advice.
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Client BH
This £150,000 dispute arose after the Employer, BHDL, failed to issue a valid Payment Certificate or Pay Less Notice in respect of Interim Payment Application 23 under a JCT Design and Build 2016 Contract. Our client, the contractor, commenced a “smash and grab” adjudication under the Housing Grants, Construction and Regeneration Act 1996 (as amended) and secured payment through the statutory regime.
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4 Sep 2025 £150,000 Construction Dispute: 5 Legal Solutions for Securing Payment under JCT 2016 Contracts
This case concerns a payment dispute between BHDL (“the Employer”) and a construction contractor (“our client”) engaged under a JCT Design and Build 2016 Contract, amended slightly to adjust key dates. The dispute highlights the critical role of statutory payment regimes under the Housing Grants, Construction and Regeneration Act 1996 (as amended) and the strategic use of adjudication — particularly “smash and grab” adjudications — in securing interim payments. The contractor’s claim focused on the Employer’s failure to issue a valid Payment Certificate or Pay Less Notice in response to Interim Payment Application 23, valued at approximately £150,000.
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5 May 2025 Financial Disputes in Construction Contracts: Fraud, Liability, and Recovery
This case examines a legal dispute between a subcontractor and a primary contractor, XYZ, following financial misconduct by two employees. The employees engaged in a fraudulent scheme that resulted in inflated invoices and secret profits. When XYZ discovered the fraudulent activity, it sought reimbursement from subcontractors, including our client. The subcontractor faced challenges in proving it had no financial gain from the scheme while also attempting to recover legitimate payments withheld by XYZ.
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Client AM
At IMD Corporate acted for a UK distributor, a deal valued at over £8million. We pride ourselves on facilitating complex transactions that support the strategic growth of our clients. This case not only highlights our expertise in cross-jurisdictional acquisitions but also underscores the importance of meticulous planning, commercial awareness, and the ability to navigate complex legal frameworks.
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CLIENT OC
The £416k construction dispute was resolved in record time without going to court. IMD Corporate acted for a client who purchased an office building intending to convert it into a residential HMO. They entered into a contract with a builder for the necessary works. However, instead of a detailed construction contract typical of such projects, the parties relied on a brief two-page agreement. This lack of clarity in the contract ultimately led to significant differences in the interpretation of the work’s scope, pricing, and valuation methods.
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