Construction & Real Estate

Securing your securities?

By: David Rodighiero, Partner and Michael Elliott, Associate

In November 2015, we updated readers on the decision of Laing O’Rourke Australia Construction Pty Ltd v Samsung C & T Corporation1 which provided insight into the willingness of the courts to quash determinations of adjudicators made under the Construction Contracts Act 2004 (WA) (Act).

Those parties have recently been back before the court to dispute the entitlement of Samsung C & T Corporation (Samsung) to call on a security provided by Laing O’Rourke Australia Construction Pty Ltd (LORAC), worth $7.5 million.

To read the full article click here, or visit www.carternewell.com.

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