Liquidated Damages and the Prevention Principle
CASE STUDY – Bensons Property Group Pty Ltd v Key Infrastructure Australia Pty Ltd & Ors [2021] VSCA 69 What is the Prevention Principle? The ‘prevention principle’ is a legal doctrine that protects a subcontractor from liquidated damages for delays caused by the principal / main contractor.The basic idea:A party should not be permitted to […]
Basics In Understanding Legal Contracts And Tenders
Do you know the full implications of the risks and costs to your business if you don’t have a good understanding of the contracts you are executing? Contract Risks What other costs and risks does your business face through poorly negotiated contract clauses, or poor contract administration? Level Playing Field Lawyers partner with Australian Steel […]
Successful Judgment for our Client!
At Level Playing Field Lawyers, we celebrate the success of our clients through the successful use of the Security of Payments Act. We would like to share with you a recent case study and the key takeaway points from the case for your reference. K&K Industries Ptd Ltd were undertaking a development project. They initially […]
Security of Payments – Case Study
Have you Agreed to Forgo amounts owed under a Construction Contract? In the recent case of Citi-con (VIC) Pty Ltd v 8-10 New St Richmond Pty Ltd (2020) VCC 1611 shows that an “accord and satisfaction” can extinguish liability under a Payment Claim. What is Accord and Satisfaction? It is the acceptance of something in […]