Insolvency Issues in Construction

The construction industry is no stranger to insolvency. In fact, recent studies of insolvencies across Australia have identified the construction industry as the leading industry for insolvencies over the last two years – a trend that is unfortunately expected to continue over the next 12 months. There are recent high profile examples of insolvency striking significant companies in the construction industry which have highlighted the grave risk this poses for projects and participants.

The risk of insolvency is a complex issue and there are a number of legal issues and risks to consider when a party you have contracted becomes insolvent. In this session we will examine those risks and issues by focussing on topics including:

  • The warning signs of insolvency and how to react to them;
  • What to do under your contract when the other party becomes insolvent;
  • Termination of an insolvent party;
  • The status of accrued debts prior to the insolvency;
  • Subcontractor’s Charges;
  • Dealing with liquidators, receivers and administrators from both a practical and legal perspective;
  • How to handle competing claims to the insolvent party’s plant and/or equipment.

By examining the above topics we will provide a comprehensive road map through the complicated maze of an unexpected insolvency event. You will be equipped with strategies to manage and mitigate the impact of an insolvency event on your project.

Upcoming Training Date

Queensland

  • Thursday, 1 June 2017

Trainers

Troy Lewis | Partner and National Head of Construction and Infrastructure |
Holding Redlich Lawyers

Troy is a Partner in construction litigation specialising in arbitration, expert determination and substantive litigation of construction disputes in all states and territories of Australia. Troy also specialises in claims involving the Security of Payment Acts Australia wide. Troy is a recognised industry expert in relation to construction litigation and in the 2012, 2013 and 2014, 2015, 2016 editions of Doyle’s Guide to the Australian Legal Profession, Troy is named as one of the leading construction litigation lawyers in Queensland. Troy has also been named in the 2014, 2016, 2016, 2017 edition of Best Lawyers in Australia in the practice area of Construction/Infrastructure Law.

Stephen Burton | Partner| Holding Redlich Lawyers

Stephen practices in construction and infrastructure matters, specialising in construction litigation, arbitration, expert witness and BCIPA claims.  Stephen has significant major international and local project experience across the commercial construction, mining and water infrastructure sectors.  He specialises in dispute avoidance and resolution with extensive experience in mediation, arbitration, litigation and claims under the security for payment legislation nationally.  Stephen has provided dispute related advise to project directors, commercial managers, engineers, programmers/planners, contract managers and quantity surveyors in the context of several high profile international projects.

Venue

Queensland
Holding Redlich
Level 1 / 300 Queen Street
Brisbane QLD 4000

Costs

Our half-day seminar costs $385.00 per delegate inc GST.

Please download and peruse our registration form for further details or contact our office to discuss corporate and group bookings

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Course Outline

Queensland    

8.00 am Registration

8.30 am Seminar

10.00 am Morning Tea

10.20 am Seminar

12.00 pm Close

Morning tea and handouts are provided.

Book now!

Just download and complete the Half-day Seminar Insolvency Issues in Construction training form linked below to book your place now!

Queensland:

Need further information?

The ABC DRS are happy to provide you with any further detail on any of the above documents. Please feel free to get in contact with our office.