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2 weeks ago | 
pinsentmasons.com | Hannah Griffiths |Alasdair Weir |Aleesha Way |Alexis Coleman
Although section 442A of the Corporations Act 2001 (Cth) (‘the Act’) gives administrators the power to remove a director from office or appoint a replacement to a company, section 437A of the Act sets out the role of an administrator and specifies that while a company is in administration, the administrator has control of the company’s business, property and affairs.
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3 weeks ago | 
pinsentmasons.com | Jennifer A. Wu |Aleesha Way |Alexis Coleman |Arwyn Jones
The Hong Kong Emergency Response Team Coordination Centre handled over more than 19,000 cybersecurity incidents in 2024 alone, a 35% increase compared to the previous year. Despite this increase, Hong Kong SAR had no statutory requirements for the protection of computer systems within its critical infrastructure (CI).
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3 weeks ago | 
pinsentmasons.com | Claire Barclay |Margo-Ann Werner |Aleesha Way |Alexis Coleman
With this in mind, Enoch Godongwana, South Africa’s minister of finance, outlined in the annual budget speech on 12 March the government’s plan to allocate R1.03 trillion (approx. US$54.7 billion) for public infrastructure projects by state-owned companies over the next three years. Included in the plan was R156.3 billion to water and sanitation infrastructure, R402 billion for road infrastructure and R219.2 billion for energy infrastructure.
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3 weeks ago | 
pinsentmasons.com | Karah Howard |Aleesha Way |Alexis Coleman |Arwyn Jones
The number of renewable energy projects has skyrocketed in recent years, with wind and solar the largest source of new energy in 2023, representing a 40% of overall increase in new capacity of renewable power. In the next 10 years, there is expected to be over $3 trillion of investments into power generation in the Asia-Pacific region, with around half in renewables.
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4 weeks ago | 
pinsentmasons.com | Nicole Whitby |Aleesha Way |Alexis Coleman |Andrew Batty
In the case, Primero was contracted by Coburn Resources to design and construct a mineral sands project in the Gascoyne region of Western Australia and the two entered into an EPC contract, with Primero Resources providing four insurance bonds to Coburn as security. Coburn returned two of the bonds to Primero.
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1 month ago | 
pinsentmasons.com | Nicholas Turner |Soomin Jun |Aleesha Way |Alexis Coleman
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1 month ago | 
pinsentmasons.com | Pamela McDonald |Aleesha Way |Alexis Coleman |Andrew Batty
The increased usage of arbitration in Qatar has been reflected in the latest statistics released by the Qatar International Centre for Conciliation and Arbitration (QICCA). The value of cases received by the centre in 2023 amounted to approximately QR 3 billion (£638.5 million), and most cases registered by the centre, around 60%, related to construction and contracting contracts.
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1 month ago | 
pinsentmasons.com | Karah Howard |Aleesha Way |Alexis Coleman |Andrew Batty
If a contractor’s entitlement due to adverse weather is not covered in a contract, then the common law position is that weather risks are borne by the contractor, unless any other clauses, such as force majeure, can provide relief.
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1 month ago | 
pinsentmasons.com | Tom Heading |Aleesha Way |Alexis Coleman |Andrew Batty
In this case, Taringa Property Group was granted a stay on paying a A$4 million (approx. USD$2,544,800) adjudication award because the claiming party, Kenik Pty Ltd, was in a “perilous financial position”.
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1 month ago | 
pinsentmasons.com | Gurmeet Kaur |Alastair Dale |Aleesha Way |Alexis Coleman
Below, we take a look at the state of play in the current market, and highlight the relevant laws, bodies and processes that businesses seeking to participate in the market need to familiarise themselves with. In Saudi Arabia’s Vision 2030, sustainable water management has been set as a cornerstone of the Kingdom’s broader economic and social development goals.
