Like similar regimes in other States, the Building and Construction Industry Security of Payment Act 2002 (VIC) (“Victorian SOPA”) was intended to reduce insolvency in the construction industry and enhance cash flow for...more
The Situation: Construction disputes face unique challenges in addition to those faced in other types of commercial disputes. Parties often agree to adopt independent expert determination as a means of managing these...more
The security of payment regime in Queensland has undergone significant reform in recent years. Since the introduction of the Building Industry Fairness (Security of Payment) Act 2017 (Qld), the regime has remained the subject...more
11/9/2020
/ Amended Legislation ,
Construction Contracts ,
Construction Industry ,
Construction Project ,
Contract Terms ,
Contractors ,
General Contractors ,
Payment Schedules ,
Payment Terms ,
Subcontractors ,
Trusts
Australia-wide, companies are navigating the uncertainties arising from COVID-19. Our previous White Papers identified the risks arising for construction projects and observed that the fallout is likely to give rise to...more
Since late last year, there have been several major decisions from Australia's highest courts on important issues for stakeholders in the construction, mining and infrastructure industries. Below, we provide a summary. Some...more
6/15/2017
/ Appeals ,
Appellate Jurisdiction ,
Appellate Review ,
Assignments ,
Australia ,
Cause of Action Accrual ,
Conditions of Payment ,
Construction Contracts ,
Construction Defects ,
Construction Industry ,
Contract Terms ,
Error At Law ,
High Court of Australia ,
Infrastructure ,
Insolvency ,
International Construction Projects ,
Joint Venture ,
Leave to Appeal ,
Liquidation ,
Payment Terms