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In-house counsel juggle complex IT contracts, counterparty solvency risk, and ever-stricter governance. This webinar distils what matters: the must-have clauses in tech deals, a clear playbook for spotting and managing financial distress across clients, customers and suppliers, and the governance updates your board expects now. 00:06 – Welcome, agenda & speakers (IT contracts, insolvency, governance) 03:04 – IT contracts: four key themes (specification, agile, SLAs, AI) 04:00 – Describing the solution: functional vs technical spec & managing sales “puffery” 05:55 – Warranties tied to specification: what success looks like in practice 07:05 – Customer dependencies: responsibilities, delays & impact on price/timescales 09:16 – Agile from the customer side: user stories, clarity & ongoing involvement 13:07 – Agile budgeting: resource points, milestones & avoiding time-and-materials drift 15:01 – SLAs that work: credits vs liability caps, “critical service level failure” 17:03 – Uptime & maintenance windows: availability calculations and exclusions 19:00 – AI in contracts: data, confidentiality, IP, security & hallucination risks 24:47 – Spotting financial distress: cash flow, records, board minutes & evidence 26:46 – Wrongful trading & the creditor duty: when focus shifts to creditors 28:23 – Preferences & HMRC risk: paying the “wrong” creditors before insolvency 30:02 – Restructuring options: CVAs, Part 26A plans & cross-class cram-down 45:15 – Updates: Companies House powers, ID verification & “failure to prevent fraud”