In Meadowside Building Developments Ltd (in liquidation) v 12-18 Hill Street Management Company Ltd, Adam Constable QC decided that where a company in liquidation sought to enforce an adjudication decision, the provision of adequate third-party security was a necessary, but not sufficient, requirement.
In her recent blog post, Helena White provided a general summary of that decision. In this piece I focus on how Meadowside shows the continued relevance of the rules of maintenance and champerty where third parties are involved in litigation (including adjudication).
Mark Fletcher's construction blog; Third party funding in adjudication for exceptional circumstances is available to read via the Thomson Reuters website.
Mark is a senior associate in the commercial litigation team. Mark advises on a broad range of disputes involving individuals, charities and businesses across a large number of business sectors, including construction, property development, IT, sports, events, hospitality, retail, medical and other legal professionals.