Major Projects & Construction 5 Minute Fix 112: Hopelessly insolvent? There is hope

In Kennedy Civil Contracting Pty Ltd (Administrators Appointed) v Richard Crookes Constructing Pty Ltd v Richard Crookes Construction Pty Ltd; In the matter of Kennedy Civil Contracting Pty Ltd [2023] NSWSC 99, the NSW Supreme Court considered whether a company on the brink of liquidation can take action to enforce a payment claim under the Building and Construction Industry Security of Payment Act 1999 (NSW) (SOP Act).

Filed under:
Australia, New South Wales, Insolvency & Restructuring, Litigation, Clayton Utz, Insolvency, New South Wales Supreme Court
Authors:
Graham Read , Frank Bannon , Dale Brackin , Sergio Capelli , Stuart Cosgriff , Lina Fischer , Andrew Fry , David Lester , Clive Luck , Jonathan McTigue , Frazer Moss , Steve O'Reilly , Joanna Pugsley , Chris Slocombe
Location:
Australia
Firm:
Clayton Utz
View Original Article
Major projects & construction: 5 Minute Fix 23

Get your 5 Minute Fix of major projects and construction news. This issue: discover the latest cladding developments; resources construction work now caught by WA training levy; mind the gap: public transport at the urban fringe; avoid slip-ups in your payment schedule; and the availability of insolvency processes under the Corporations Act 2001 for recovering SOP debts.

Cladding update ‒ NSW

Filed under:
Australia, Arbitration & ADR, Construction, Insolvency & Restructuring, Litigation, Clayton Utz, Liquidated damages, Corporations Act 2001 (Australia)
Authors:
Sergio Capelli , Frank Bannon , Dale Brackin , Stuart Cosgriff , Philip Dawson , Lina Fischer , Andrew Fry , Naomi Kelly , Steven Klimt , David Lester , Clive Luck , Alan Maguire , Jonathan McTigue , Frazer Moss , Steven Murray , Steve O'Reilly , Joanna Pugsley , John Shirbin , Chris Slocombe
Location:
Australia
Firm:
Clayton Utz
View Original Article