We note from the media that the liquidators of Porter Davis are attempting to source builders to take over the completion of some homes contracted to Porter Davis. Should a new builder approach a homeowner to complete a partly completed home, homeowners should be seek legal advice as there are a number of issues they need to […]
The importance of terminating your construction contract when your builder becomes insolvent or enters into liquidation It’s no secret that the construction industry has been experiencing unprecedented disruption caused by labour shortages and supply chain issues over the last few years. As the flow-on effects of such disruption continue to ripple through the industry, we are now[…]
If you’re involved in the construction industry, you’ve no doubt heard about the new project trust account (PTA) requirements introduced by the Queensland Government which have been the topic of much debate over the last few years. The debate largely centres around the functionality of the PTA requirements, particularly in light of the absence of any software[…]