A subcontractor’s charge is a way for subcontractors to secure payment of amounts owed to them under an eligible contract by someone who is higher in the contractual chain (e.g. the principal). Essentially, it allows the…
Porter Davis Homes Goes Into Liquidation. What Now?
Liquidators were appointed to National building company Porter Davis Homes this morning, which had more than 1700 homes under construction. If a residential construction company goes into liquidation, you suddenly find yourself left either out of…
PBS Building collapse – options available for sub-contractors!
In light of yesterday’s news that Canberra-based construction company PBS Building has put its NSW, ACT and Queensland construction businesses into voluntary administration, many sub-contractors and stakeholders now find themselves in daunting territory with respect to…
Speedy Resolution of Payment on Account Disputes
Chapter 3 of the Building Industry Fairness (Security of Payment) Act 2017 (Qld) establishes a statutory-based scheme for the speedy resolution of “payment on account” disputes involving contracts for construction work and the supply of related…
Retail Leases washed away with the floods
Retailers and business owners have been left devastated following the recent cancellation of retail leases at Toombul Shopping centre, which resulted from the February flooding. Our firm has received a number of enquiries from clients in…