Piper Alderman’s Sydney Construction team considers a recent security of payment decision by the Supreme Court of NSW regarding the minimum requirements for a valid payment schedule: Turnkey Innovative Engineering Pty ...
From 9 November 2023 a new penalty regime and legal consequences will apply to unfair terms in standard form contracts with small businesses and consumers. Laws regulating the use of unfair contract terms already exist, ...
ANZ Bank, one of Australia’s “big four” banks, which has had a forward thinking posture towards blockchain and crypto-assets, has announced that it has completed a pilot building on lessons learned from a SWIFT blo ...
The annual superannuation performance test has shone a light on poor performance in the MySuper segment since its introduction in 2021. Now the Choice segment is under the spotlight as more than one in 10 trustee-directe ...
Construction contracts are often encyclopaedic, imposing extensive obligations upon contractors. Typically, several indemnity clauses are also included, occasionally with at least one party labouring under a misapprehens ...
If a contractor fails to rectify defective work, the contractor will be exposed to ‘damages’ for breach of contract.
How do you calculate the value of any ‘damages’?
The value of damages for any contractual bre ...
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