The impact of COVID-19 in 2020 saw many Australian businesses tested on their ability to withstand economic shocks and the construction industry, which has always been sensitive to insolvency, has been no exception. In November 2020, certain Grocon related companies entered administration, and more recently (and locally) in January 2021 SA Structural entered administration, in both cases owing millions of dollars to creditors and adversely impacting construction projects.
Construction lawyers Geoff Brennan and Shannon Schwarz, together with insolvency lawyer Cameron White, will present and answer questions in relation to:
Recent government action to lessen the economic impact of COVID-19; and
·Risks and issues to consider when dealing with potentially insolvent entities on a construction project.
Thomson Geer is a major Australian law firm. It has around 560 people, including 126 partners operating out of offices in Sydney, Melbourne, Brisbane, Perth and Adelaide. Thomson Geer has an active construction law practice which publishes news and updates relevant to the construction industry on its blog available at: http://www.tglaw.com.au/construction/
WHEN: 18 March | 5:30pm
WHERE: Thomson Geer Lawyers, 7/19 Gouger Street, Adelaide SA 5000