Pay when paid – contract interpretation – effect of Enterprise Act 2002 – insolvency

William Hare Limited v Shepherd Construction Limited: C R Reynolds (Construction) Limited v Shepherd Construction Limited

For Shepherd: Stephen Furst QC and Krista Lee instructed by Wragge & Co LLP

Court of Appeal (Civil Division); before Lord Justice Waller, Lord Justice Rix and Sir Scott Baker; judgment delivered 18 March 2010