Contractor Liquidations

Muscat Tanzer
Dec 2024

Contractor Liquidations - Best practice management of contractor liquidations

When a head contractor is unable to complete a project due to liquidation, the consequences can be severe and widespread. Principals (including councils) may face unfinished projects, additional costs in hiring a new contractor, angry subcontractors, media scrutiny and other challenges. Unfortunately contractor liquidation is always a possibility (particularly in this economic climate), but there are strategies available to mitigate the negative effects.

Before liquidations – early project

The contract terms agreed to at the outset of a project can have a huge impact on a principal’s ability to manage a contractor liquidation later in the project.

Muscat Tanzer is a multi-faceted law firm providing end-to-end solutions. We bring a wealth of top-tier experience with a deep commitment to delivering exceptional legal solutions for our clients. Our team’s expertise spans large-scale infrastructure projects, complex construction and commercial disputes and nuanced government regulations and policy, allowing us to offer tailored advice and strategic insights to our clients in a variety of industries.

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Muscat Tanzer, founded by Paul Muscat and Craig Tanzer, is a specialist law firm on the Gold Coast providing expert legal services in infrastructure, construction, procurement, probity, commercial, and government law across Australia. Committed to growth and excellence, the firm continues to expand its team and fosters future legal talent through internships and graduate opportunities.

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Contractor Liquidations

Contractor Liquidations - Best practice management of contractor liquidations

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