Debt recovery against a builder
Date: May 15, 2008
Authors: LAC Lawyers
A company, that provided architectural services to a developer, was owed about $190,000. The developer, despite numerous demands for payment, simply ignored the demands. The company was advised to issue a Statutory Demand under the Corporations Act to obtain payment for its services and a Demand was served. The developer filed proceedings in the Supreme Court of New South Wales to set aside the Demand but failed in its application and the company received about $190,000 together with interest and its legal costs.
