INTERIM PAYMENTS: THE EXISTENCE OF DISPUTED DEFENCES AND COUNTERCLAIMS DID NOT PREVENT AN AWARD OF £1.4 MILLION

Lord Denning once observed of Cashflow that "It is the very lifeblood of the enterprise".   This remains the case for most modern businesses.  In this respect an application for an interim payment can be a powerful tool. Sometimes essential to the very existence of a business.    A defendant will be...