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Posted Jan 28, 2021 A New Way To Restructure Corporate Debts
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INTRODUCTION On 1 January 2021, the Corporations Amendment (Corporate Insolvency Reforms) Act 2020 took effect. The Reforms introduced a new, simpler and cheaper process for debt restructuring of small businesses.   WHAT DOES IT MEAN FOR SMALL BUSINESSES? The new process allows eligible companies to continue trading in its ordinary way while a proposal for…

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Posted Aug 28, 2020 “Game Changer” For Developers: The Residential Apartment Buildings (Compliance and Enforcement Powers) Act 2020 (NSW)
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INTRODUCTION TO THE RABA On Tuesday 1 September 2020, the Residential Apartment Buildings (Compliance and Enforcement Powers) Act 2020 (NSW) (RABA) will commence. The RABA is the latest in a raft of amendments to legislation governing construction law designed to provide greater regulation to the residential construction sector. The amendments appear to have been introduced…

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Posted Jul 13, 2020 Security Of Payment Act: Court of Appeal Decision Settles Law Regarding Supporting Statements
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Casenote: TFM Epping Land Pty Ltd v Decon Australia Pty Ltd [2020] NSWCA 93 On 14 May 2020 the Court of Appeal delivered its decision in the matter of TFM Epping Land Pty Ltd v Decon Australia Pty Ltd [2020] NSWCA 93 in respect of the Building and Construction Industry Security of Payment Act 1999…

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Posted Jun 25, 2020 Biowood: When A Building Product Is Found Wanting
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AUTHOR: ANTHONY HERRON Remedies for Construction INTRODUCTION The decision of The Owners Strata Plan No 92888 v Taylor Construction Group Pty Ltd & Frasers Putney Pty Ltd (2019) 15 November 2019 raises important issues for construction and fire safety compliance. We set out our comments about this decision and its consequences. THE CLAIM Biowood* cladding…

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Posted Feb 28, 2020 In the Future, know the Power of Instructions
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Futurepower Developments Pty Ltd v TJ & RF Fordham Pty Ltd t/as TRN Group [2019] NSWSC 15541 On 18 October 2019 His Honour Justice Rein delivered a decision in Futurepower Developments Pty Ltd v TJ & RF Fordham Pty Ltd t/as TRN Group [2019] NSWSC 1554 which found that a developer was unable to rely…

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