Claims can be made against single project developers under the Security of Payments Act

In the recent Supreme Court case of Ian Street Developer Pty Ltd v Arrow International Pty Ltd [2018] VSC 14, the Court has paved the way for builders and contractors to recover payments from developers who may only have one development in progress.

Read More

Warning for lawyers dealing with Security of Payment Act claims

The Legal Practitioners Liability Committee has published a warning on its website for legal practitioners who may fail to follow the very strict requirements set out in the Building and Construction Industry Security of Payment Act 2002 (Vic). 

Read More

Can I sue on my informal contract?

Barristers are asked all the time whether an informal agreement is binding. By informal agreement, I mean a consensus of sorts arrived at between parties which is not recorded in any elaborate formal document. 

Informal agreements may be made by: 

1)   Oral agreement;

2)   The exchange of correspondence; 

3)   Heads of agreement; or

4)   A memorandum of understanding. 

Following the making of an informal agreement, parties often continue to negotiate in the expectation that they will be able to incorporate further terms – yet to be agreed – in the formal document. 

In the event that the formal document is not executed, a question arises: Is the agreement legally binding and enforcible? It’s a deceptively simple question but not always easy to answer. 

Read More

How to prepare or oppose a payment claim under the Security of Payments Act

Are you a solicitor acting for a contractor or sub-contractor owed outstanding progress payments for works pursuant to a construction contract (within the meaning of the Domestic Building Contracts Act)?

If so, a Payment Claim under the BCISP Act (“Act”) may be a relatively speedy way to recover this sum for your client.

Read More