Nicholas Paszek
Articles by Nicholas Paszek
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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8 Jan 2025
How a £416k Construction Dispute Was Resolved in Record Time—Without Going to Court
The builder claimed £986,000 for the works, while our client asserted that only £570,000 was due—a substantial difference of nearly £416,000. Neither party had sought legal advice before entering into the contract, and as a result, the lack of a formal, detailed agreement contributed to the ensuing dispute.
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CLIENT ST
IMD Corporate acted for a company valued at around £10 million and recently closed an early funding round open to outside investors. This examination falls into the legal complexities encountered by existing shareholders, including the founders, as they navigated the investment, the issuance of equity shares, and the structural changes that were necessary to protect their interests and the company’s future.
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21 May 2024
Dispute Resolution Case Involving Equity Investment and Unfair Prejudice
Introduction This case study examines a significant legal dispute involving the founder of a successful electronics company that specialises in hair straighteners. The successful company needed more money to expand its production, so it looked for investors to buy a share of the company. However, the relationship between the founder and the new equity partners […]
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Client DB
Advising on a project, with a valuation of approximately £25 million, aimed at developing housing under a design and build framework. Notably, the contract in question was a Joint Contracts Tribunal (JCT) Design and Build Contract, a standard yet adaptable legal framework in the construction industry.
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