High Court clarity on construction liability

by

Ed.

From corrs.com.au: The High Court’s ruling clarifies that claims for breach of the statutory duty of care in construction are not subject to apportionment, impacting builders, developers, and financiers in distressed scenarios.

‘The High Court’s decision, confirming the rejection of apportionability, was not unexpected but the full extent of its effect for distressed builders, developers and their financiers remains to be seen.’

Filed under: Business Law, Insolvency

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