Author Description

"The SOPA-Insolvency Law Reform Subcommittee was convened with the intention of (a) exploring insolvency issues which may arise in relation to statutory adjudication under the Building and Construction Industry Security of Payment Act and (b) recommending subsequent steps to tackle those potential issues where appropriate, so as to grant greater certainty to stakeholders in the adjudication process. To this end, the Committee reviewed the adjudication process at various stages and considered the potential insolvency issues that could arise at each stage. It thereafter proposed and evaluated suggestions from members of the Committee"--Extracted from Introduction