Recorded Webinar: Security of Payments Reforms: A Game Changer for Residential Builders or a Nightmare for Home Owners? (NSW)
Recorded Webinar: Security of Payments Reforms: A Game Changer for Residential Builders or a Nightmare for Home Owners? (NSW)
Wednesday 17 February 2021
Duration: 40 minutes
ABOUT THE WEBINAR
The NSW Government recently released the Building and Construction Industry Security of Payment Regulation 2020, which will drastically change the way residential builders and homeowners resolve disputes about progress payments after 1 March 2021. For the first time, the SOPA regime will apply to residential construction contracts, with significant ramifications for both residential builders and home owners. This session unpacks the key reforms, including:
The Adjudication Process
Accrual of a statutory right to payment
What does this mean in practice for residential builders?
What should residential builders do to be ready for the reforms?
What do the changes mean for home owners?
Some practical tips for residential builders
Some practical tips for home owners
PRESENTER
Michael Terry-Whitall, Director, Chamberlains Law Firm, Sydney
Michael has carved an impressive career predominantly in construction litigation at large commercial law firms where he is well known for his aggressive approach which balanced by his ability to identify and achieve commercial outcomes for his clients.
While his will to win is admirable, it is his team mentality that now makes Michael a perfect member of Chamberlains. Based in Sydney, Michael heads up our Building and Construction Litigation team in both Sydney and Canberra and can be found regularly in the Supreme Courts of both jurisdictions.
Clients rave about Michael’s ability to deliver plain English advice and his tenacity in pursuing or defending claims. Michael’s experience as an advocate and as an adjudicator assists him to consistently deliver exceptional results to his clients.
WHO SHOULD ATTEND / CPD INFORMATION
This webinar is suitable for NSW construction lawyers. This webinar is for practitioners with some knowledge in this area and looking to improve their knowledge.
CPD: 0.5 CPD units - substantive law
ENQUIRIES/ASSISTANCE
If you need assistance or have an enquiry, please do not hesitate to contact our Webinar Coordinator, Lisa Tran on (03) 8601 7709 or email: lisa@tved.net.au
