Retaining holdback is no joke. Failure to do so may be catastrophic and may result in double payment. Take a look at a recent case our office argued and the consequences that follow to the owner who failed to retain holdback.
Ever wonder how the costs consequences (partial and substantial costs) play in the case of walk-away offers, if the matter proceeds to trial and the Court decides in favour of the defendant and rejects the plaintiff’s claim? Read our latest post to find out!