Payment terms (including late payment)
Episode 5 of our Journey Through a Contract sees Emma Lusty (Principal Associate) and Maeve Honey (Associate) discuss payment terms.
The duo explain what is meant by payment terms, what happens if a party to a contract fails to pay in accordance to the terms, interest provisions, the disputing of an invoice, and more.
Listen to the podcast and send us your feedback to [email protected].
The Journey Through a Contract series is brought to you by the Commercial and Projects team at UK law firm Shoosmiths, aimed at explaining the basic terms of a commercial contract.