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Cabramatta property developer can’t rely on assumptions in defects spat with owners
A judge has ruled that the owners corporation of a 20-unit development in Cabramatta is entitled to damages from the developer over defects, after promised rectification works were not carried out by an agreed date.
Construction PRO
Roberts Co sued for failing to pay $3.2M claim submitted two hours late
A contractor who worked on the Westmead Children's Hospital is seeking orders compelling Roberts Co to make a $3.2 million progress payment, arguing service past business hours on Friday was still Friday service. 
Construction PRO
SOP adjudicator can decide if ‘new reasons’ offered for withholding payment: court
A SOP Act adjudicator had power to determine that reasons proffered by a Queensland construction company for withholding payment to a concrete subcontractor were "new reasons" and not properly made, a court has found.
Star says it can’t afford $400M penalty sought by AUSTRAC
AUSTRAC wants Star to pay a $400 million penalty for breaching anti-money laundering and counter-terrorism financing laws, while the company claims a penalty of more than $100 million would tip it into liquidation. 
Philips accused of knowing supply of dangerous CPAP machines
The Therapeutic Goods Administration has launched legal action against Philips Electronics for allegedly supplying CPAP and BiPAP devices, used to assist individuals with sleep apnea, which it knew posed risks to users. 
‘Low quantum’ junk insurance class action to leave group members with ‘almost nothing’, court told
Mortgage broker Lendi Group and insurer ALI Group want to declass a junk insurance class action, telling a judge that even in a successful scenario, the more than 13,000 group members will be left to share only $2.5 million. 
Construction PRO
In loss for off-the-plan buyers, court finds Castle Group can proceed with Sydney land sale
Developer Castle Group can move ahead with its purchase of a block of land in south west Sydney, with a court finding that purchasers of off-the-plan lots have no present interest that can defeat Castle’s right. 
Privilege waiver over Clifford Chance email doesn’t open door to discovery: court
An email to lawyers at Clifford Chance relied on to show investor Fiona Lock’s understanding of a contested $150 million profit sharing deal with trading platform Pepperstone did not open the door to further correspondence.
IAG denies claims in loyalty discounts class action
Insurance Australia Limited and Insurance Manufacturers of Australia have denied a class action's claims that they misled insurance customers about loyalty discounts by calculating their premiums using an algorithm designed to maximise renewals. 
Construction PRO
Quasar Constructions director sold $24M in properties before company’s collapse, court told
A judge has said that asset preservation orders are likely warranted against the former head of collapsed builder Quasar Constructions, after its liquidator revealed he sold $24 million in property interests shortly before the company went under, but found he did not have power to make the orders.