Failure to pay on time, and even failure to pay at all, is unfortunately a common feature of the construction industry. A question that often arises is whether a party that has not been paid on time can terminate the contract due to the failure to make payment.
On 22 March 2017, the Civil Law and Justice Amendment Legislation Bill was introduced into the upper house of the Federal Parliament. Sabina Adascalitei MCIArb lists which changes seem to be most relevant to the international arbitration arena.
In mid-May, the European Court of Justice gave its Opinion on the EU competence to conclude the Free Trade Agreement with Singapore. Sabina Adascalitei MCIArb outlines which disputes the Opinion resolves.