Any subcontractor who has had to agree to have retentions withheld from their invoices will have experienced the trepidation that comes with worrying if they’ll ever see that money again. Indeed, many find recovering it once their defects liability period has ended a...
As a result of the recent Kaikoura earthquake, aftershocks, and a heightened risk of more activity New Zealand’s major insurers have created a “restriction zone”, within which there are significant limitations on the availability of new insurance. This is largely due...
