In the recent decision of the Victorian Court of Appeal in Thurin v Krongold Constructions [2022] VSCA 226 (Thurin v Krongold), the majority held that the Victorian Civil and Administrative Tribunal (VCAT) lacks jurisdiction to hear and determine domestic building disputes involving the interpretation or application of federal legislation.
Read MoreThe new ipso facto regime enacted by the Treasury Laws Amendment (2017 Enterprise Incentives No. 2) Act 2017 in 2017 amends the Corporations Act 2001 (Cth) (Act) by introducing a “stay” to the enforcement of contractual ipso facto provisions that are triggered upon the occurrence of certain insolvency related events. The amendments apply to all contracts entered into on and from 1 July 2018.
Read MoreThe Sale of Land Amendment Bill 2018 (Bill) was introduced to the Victorian parliament in August 2018, passed by the Legislative Assembly on 20 September 2018 and introduced to the Legislative Council on 20 September 2018. A key purpose of the Bill is to amend the Sale of Land Act 1962 to restrict the use of sunset clauses in certain off-the-plan contracts.
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