The new ipso facto regime and what it means for your contract

2018-08-13T18:30:32+00:00 August 13th, 2018|Commercial & Corporate Advisory, Construction Contracts, General Counsel Services|

As part of the Federal Government’s reforms to Australia’s insolvency laws under the National Innovation Science Agenda (Agenda) to promote entrepreneurship and encourage innovation, a new ipso facto stay regime became applicable to contracts from 1 July 2018. A link to our previous article on this topic can be found here. The ipso facto regime