Impending Changes to Contractual Termination Rights (Ipso Facto Reforms) and its Impact on Leases and Other Property Transactions

In this newsletter, we will explore how the new impending ipso facto reforms, which come into effect on 1 July 2018, could affect landlords under commercial leases or parties under other contractual arrangements.

What are the Ipso Facto Reforms?

The ipso facto reforms seek to prevent certain termination and other ipso facto rights under a contract from being enforced against a counterparty:

Filed under:
Australia, Insolvency & Restructuring, Real Estate, K&L Gates LLP, Landlord
Authors:
Samuel Brown , Susan Parker , Jameson Shi
Location:
Australia
Firm:
K&L Gates LLP