Is a site audit statement worth the 'paper' it is written on?
In many transactions, site audit statements have become de facto certificates that a condition precedent or condition subsequent in an agreement has been satisfied (or not).
Multiples parties often rely on a site audit statement, such as vendors, purchasers, financiers, directors and decision makers within a company. However, are these parties entitled to rely on them? What does a site audit statement that confirms the land is suitable for a particular use actually tell them?
Maddocks partner and leading environment and planning lawyer Patrick Ibbotson examines the issues that may arise in transactions that rely on site audits.
Recent developments in the information space for local government
By Melanie Olynyk & Maryam Popal
Here is a look at some recent developments in the information space for Victorian local government...
National Clinical Trials Governance Framework pilot: what you need to know
What you need to know about the National Clinical Trials Governance Framework pilot.
Managing climate change-related risks in the financial system
By Patrick Ibbotson & Jessica Dorricott
Risks posed by climate change to the stability of the US financial system.