The Building and Construction Industry Security of Payment Act 1999 (NSW) (the Act) is designed to streamline the process to getting paid in the building and construction industry. The Act [...]
Risk minimisation is necessary for any successful business. Indemnity clauses, liquidated damages, warranties, exclusions and limitation of liability clauses are all mechanisms of risk allocation [...]
The Personal Property Securities Act 2009 (Cth) (PPSA) commenced on 30 January 2012. However, many financiers and lessors are still unaware of its importance or have simply decided to ignore its [...]
If you’re in the building and construction industry, debts are particularly bad for business. Without the timely payment of payment claims, a business’ cash flow may take a dive. This can be [...]
