Fact Sheets

Summary Applies to:  NSW Construction Projects above $20 million where the Contract is entered into on, or after 1 May 2015 Obligation:  Head Contractor MUST deposit Retention Money in Trust Accounts and hold that money on trust for relevant Subcontractors Head Contractors on Projects entered into on or after 1 May 2015 in NSW with …

Overview Litigation can be a lengthy and expensive process and we believe that it should always be considered as an alternative or last resort. However, it is not always possible to avoid court proceedings. It is important that our clients are fully aware of the costs implications involved in such proceedings and be aware of …

Overview Bankruptcy is a process where a person is legally declared who is unable to pay their outstanding debts. The result is that the state will take possession of the property of the bankrupt until the bankrupt is discharged. Becoming a bankrupt can occur in one of two ways: voluntarily – where the person files …