Working Session 2

Don’t hit the wall: how to deal with (and prevent) default in real estate projects

Your client or company comes across a default situation in a key construction project or in a strategic long-term lease. How to cope with the most sensitive issues arising therefrom? When negotiating these deals, which clauses should you contemplate using and which precautions would you advise your client or company to take to address a default scenario?

In this working session co-sponsored by the Real Estate and Insolvency Commissions, we shall provide you with a picture of how default arising in the context of construction and lease agreements are dealt with in practice, not only in a litigation scenario, but also when negotiating the relevant agreements, and provide you guidelines that may be useful when drafting an agreement or litigating, so you can avoid hitting the wall!

General Reporters:

Hilka Eckardt, Heuking Kuehn Luehr Wojtek, Germany
Marco Orlandi, Boccuzzi advogados, Brazil
Anna-Kaisa Remes, Castrén & Snellman Attorneys Ltd, Finland

Speakers:

Jean Rudolphe Fiechter, Kellerhals, Switzerland
Martin Foerster, Graf & Pitkowitz, Austria
Alex Fox, Penningtons Manches LLP, United Kingdom
Alexander Juraj, Dentons Europe CS LLP, Czech Republic
Ondřej Rathouský, Giese & Partner, Czech Republic
Vincent Van Emstede, Höcker advocaten, Netherlands
Anna Wyrzykowska, WKB Wierciński, Kwieciński, Baehr Sp. k., Poland