1673 results

Using your con­struc­tion con­tract to man­age and mit­i­gate con­trac­tor insol­ven­cy risk

Intro­duc­tionThe risk of con­trac­tor insol­ven­cy mid way though a con­struc­tion project in the cur­rent mar­ket is real and real­ly expensive.This arti­cle pro­vides guid­ance to those under­tak­ing con­struc­tion works and iden­ti­fies a num­ber of con­tract pro­vi­sions which, if includ­ed in the con­struc­tion con­tract, can assist a devel­op­er to iden­ti­fy and then man­age a con­trac­tor insol­ven­cy event…

Fed­er­al Court Deci­sion Lim­its Effec­tive Use of Set-Off in Con­trac­tu­al Annu­al Salary Arrangements

The Deci­sionIn a recent Fed­er­al Court deci­sion*, Jus­tice Per­ram held that while con­trac­tu­al set-off claus­es in an annu­al salary arrange­ment can be effec­tive for the sat­is­fac­tion of mod­ern award enti­tle­ments dur­ing a pay peri­od, they are inef­fec­tive between pay peri­ods. This is a sig­nif­i­cant lim­i­ta­tion on the prac­ti­cal use of con­trac­tu­al annu­al salary…