Building and Construction update: New ‘ipso facto’ regime - restricting a termination for insolvency

From 1 July 2018, amendments to the Corporations Act 2001 (Cth) in the form of a new ‘ipso facto’ regime come into effect. The new amendments are part of the Federal Government’s commitment to assisting builders in financial distress.

Background

Filed under:
Australia, Company & Commercial, Construction, Insolvency & Restructuring, KCL Law, Corporations Act 2001 (Australia)
Authors:
Andrew Chan , Darren Cain
Location:
Australia
Firm:
KCL Law