Your builders are not in liquidation and therefore are not technically insolvent.
Kate10 deals with the rest very well.
Why are you questioning your solicitor's entitlement to be paid?
Has he not done anything at all?
Why don't you get another solicitor?
I suspect your solicitor is not telling you what you want to hear. It is better to get the bad news from your own solicitor earlier rather than later before you invest a lot of time, effort and emotion in a complete non starter.
mf
Can't comment on your solicitor of course but I would say in your shoes I would contact the examiner directly and find out how he/she proposes to deal with purchasers like you. Also, change your solicitor if you are unhappy. Go to see someone new, and explain why you are unhappy. If your solicitor did not do his/her job properly they obviously they should not be charging you more fees for work not done. Ask for a photocopy of your file, bring it to your new solicitor, and ask them to look it over. Find someone you trust and can have a good working relationship with. They will tell you if your previous solicitor did a decent job and communicated that poorly to you, or if the solicitor did a very bad job, in which case you could probably dispute the fees.
Foxylady I'd be very slow to change solicitor. This is a very frustrating experience for you. It's also unchargered waters for the solicitor and I know they are supposed to be the experts. This is undoubadly creating more work for him, for which he has to be paid, he's probably just as frustrated as you. It is not his fault the builder has not completed. It would be better if you could work together against the builder.Builder has been granted examinership. It is an apt that was purchased 3 yrs ago to be comleted last year and is not built although they had started. My solicitor doesnt seem to know his a***e from his elbow and is looking to raise his fee for all his work???????????
I think you're right and worse still people will still vote the same. We vote for what we have so we voted for this mess.All I can say to your last point is that the builders got a lot of breaks, the banks got a lot of freedom and we, as a nation, continued to vote in the party that was allowing/facilitating it all.
That is the nature of a democracy. I remember when FF got in the last time - it should not have happened but it did because people, on the whole, are greedy and selfish and love credit and flashness and the feelgood factor over sense, sensibility, stability and long term policies for a better society.
mf
A simple Google search shows that its Paul McCann of Grant Thornton. The number will be in the book.
mf
You need to decide first what outcome you want. If presumably you wish to rescind the contract and get your deposit back in the best case scenario. I would write to the examiner on the same grounds as you wrote to the builder seeking the deposit back asking them to return it.
The examiner is supposed to see if the company can continue as a going concern and it may be that they will take the view it cannot if the purchasers are all unwilling to complete and court proceedings were necessary.
If the company goes into liquidation then you are entitled to determine the building agreement as per Clause 5. Regarding the builder getting paid for work carried out, then only thing that strikes me is that they will retain the site and building and can resell it.
In a situation where the employer owned the site you could see how the builder would be entitled to be paid for work actually done and materials etc but where the builder still owns the site he retains benefit of work done and arguably he could end up getting paid twice if he/liquidator sold the property later on. If I was dealing with a liquidator down the line that mentioned payment for work done I would try this argument.
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