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How to deal with demands for payment

26 March 2009
Mayer Brown Article
Suppliers and subcontractors are employing increasingly aggressive strategies to ensure they get paid. These include the service of “statutory demands” (formal demands for payment) threatening the presentation of a “winding-up petition” (applications to the Court for the winding-up or “liquidation” of a company on the basis of an unpaid debt).
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Authors

  • Alexandra Wood
    Alexandra Wood
    Counsel
    T +44 20 3130 3717
    VCard

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