Newsletter – August 2018

16 Aug 2018 | Newsletter

Who’s next?

In New Zealand, Ebert Construction went into receivership recently, hot on the heels of The Fletcher Construction Company’s announcement a few weeks ago that it is closing its vertical construction business. In Australia, there are rumours that some large contractors may also be in financial difficulties.

Click here for more on this article and how to protect yourself from your client’s insolvency.

What a State: Adjudication and Payment in Australia

Adjudication: a method of dispute resolution intended to provide quick, sometimes rough, and temporarily binding justice to maintain cashflow in an industry well known for payment difficulties throughout the supply chain.

Loved and hated in equal measure but made more complex in Australia by introducing statutory adjudication (along with associated payment protection measures) on a state bystate basis rather that at federal level. Each state or territory has its own specific, and different,adjudication process and procedure.

Click here for more on this article and to learn more about the current adjudication models in Australia

This article is for general information purposes only and should not be relied upon in any specific situation without appropriate legal advice. If you require that advice or wish to discuss any of the issues raised in this article, please contact us.

Contact Us

New Zealand Office

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Phone: +64 (0)9 363 3749
Email: raine.selles@cmcasiapacific.com
Address:
 Level 26, PWC Tower, 188 Quay Street, Auckland 1010, New Zealand

Australia Office

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Phone: +61 (0)7 3053 5012
Email: steven.evans@cmcasiapacific.com
Address: Level 22, 127 Creek Street, Brisbane, QLD 4000, Australia