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Subcontractors › Insolvency › Construction Contracts

IR Global

Understanding Australia’s Construction Industry Collapse Crisis

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Over the past few years, Australia’s construction sector has been facing unprecedented pressure, and by mid-2025, the effects have become painfully clear. Dozens of major construction companies across Queensland and...more

Jones Day

Significant Reforms on the Horizon for Security of Payment in Victoria’s Construction Industry

Jones Day on

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

Smith Debnam Narron Drake Saintsing & Myers,...

Understanding the Basics of a Construction Contract

Smith Debnam Narron Drake Saintsing & Myers,... on

Construction contracts are essential in the construction industry, governing the relationships and responsibilities of all parties involved in a project. Whether you’re a contractor, subcontractor, or property owner,...more

BCLP

HK Security of Payment Bill: An Insolvency Exception to Ban Against “Pay When Paid” Clauses?

BCLP on

On 16 July 2024, the Hong Kong LegCo Bills Committee which is considering the Construction Industry Security of Payment Bill (“Bill”) held a meeting to receive representations and submissions on the Bill from deputations sent...more

Barnea Jaffa Lande & Co.

Contractor’s Insolvency during a Real Estate Project – How to Minimize Damages?

Barnea Jaffa Lande & Co. on

In recent years, Israel’s real estate and infrastructure market has experienced many cases of the corporate collapse of performance contractors. Just recently, a court ordered a temporary stay of proceedings against the...more

White & Case LLP

Construction contracts: vesting of title to goods

White & Case LLP on

When does title to goods transfer from a contractor to an employer? This can be a critical issue, especially when a party to a project has become insolvent. A recent English case considered this issue, and the application of...more

Brooks Pierce

Growth of Modular Construction Raises New Legal Questions

Brooks Pierce on

A growing number of developers, particularly in the multifamily and hospitality sectors, are using modular construction to reduce construction costs and build projects more quickly and efficiently, with less risk of...more

Harris Beach Murtha PLLC

Extremely Clear Pay-If-Paid Clause is Enforced

Harris Beach Murtha PLLC on

Every contract involves the risk of insolvency, and every construction subcontract involves the risk of the owner/developer failing to make the payments that the contractor intends to use to pay its subcontractors....more

King & Spalding

TRANSACTIONAL: Bankruptcy: Contractor Insolvency Issues in Large Project Transactions

King & Spalding on

An issue that is often overlooked, but should be considered in the context of large project transactions, is the potential insolvency of contractors and subcontractors. A bankruptcy proceeding involving a key contractor can...more

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