Building & Construction Law Conference – Sydney

 9:50AM – Ben Sewell (Principal), Sewell & Kettle Lawyers

The Good, the Bad and the Ugly: Phoenix activity update and insolvency reform

The new insolvency reforms commenced on 1 July 2018 impacting on the right to terminate contracts triggered by insolvency events. The presentation will cover how to navigate the insolvency reforms in the context of the construction industry, the impact on new contracts and dual regimes (pre and post 1 July contracts), as well as ‘step in rights’ and bank guarantees.

  • The direction of insolvency reform
  • Phoenix activity
  • Application of security of payment legislation to insolvent contractors

Upcoming educational seminars

  • UNSW Edge: SME Insolvency & Restructuring Critical Updates Webinar

    Ben Sewell will be presenting the following talk: 25 September 2020 may be an economic cliff for small-to-medium sized enterprises. If they are insolvent – what are their options? An analysis of whether the voluntary administration process is fit for purpose for SMEs To avoid the stigma of formal insolvency, when is informal restructuring effective? […]

    Learn more

  • Thomson Reuters Building & Construction Law Conference

    12:05PM How to manage subcontractor insolvency During COVID-19 the Government has strongly signalled that SMEs may continue to trade whilst insolvent (and created supporting statute). The risk to builders and developers is that their subcontractors will fail once the COVID-19 safe harbour ends. What can be done pre-contract and post-formal insolvency appointment (e.g. voluntary administration) […]

    Learn more

made by