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ARTICLE · 02 DECEMBER 2012

Issues Paper - Inquiry into Construction Industry Insolvency in NSW

Norton Rose Fulbright Australia
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The Issues Paper addresses a wide range of issues relating to corporate insolvencies in the NSW construction industry.

AustraliaReal Estate and Construction
Keith Redenbach
Keith Redenbach
Peter Anagnostou
Peter Anagnostou
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On 19 September 2012, the Norton Rose Construction and Engineering team presented a breakfast briefing titled: "Financial Distress in Construction Projects: What happens when the wheels fall off?"

This briefing identified the warnings signs of insolvency, what steps parties can take to minimise exposure, how best to respond to a party's insolvency and the options available to prevent insolvency in the first place.

Following the collapse of hundreds of construction companies in Australia, the NSW Government has now released a Discussion and Issues Paper Inquiry into Construction Industry Insolvency in NSW (Issues Paper) in an attempt to address and protect the interests of subcontractors in the construction industry.

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