A superintendent on a $25 million Melbourne project had no power to make an adjustment to a payment claim for purported cost overruns that left the builder owing more than the value of its claim, a judge has held.
Companies in the steel empire of billionaire Sanjeev Gupta have been ordered to lodge outstanding annual financial reports after the corporate regulator brought court action.
Arnold Bloch Leibler and a litigation partner at the law firm are among defendants named in a new case for their representation of the mastermind behind the scandal-ridden Banksia Securities class action.
Joining CBRE Investment Management in fast-tracking developer Aliro Group’s flagship industrial vehicle, Canadian super fund PSP Investments has committed up to $800 million for investment.
Atlantic Nickel has lost a challenge to further amendments to a case by failed suitor Mining Services International that alleges it lost the opportunity to purchase a Brazilian mine now valued at over $1 billion.
Singapore-based real estate investment manager Frasers has offloaded an office tower on Melbourne’s Collins Street for $195 million in a strategic exit from the city’s “challenging” office sector.
Project management firm Donald Cant Watts Corke says Multiplex should go down with it if Monash University wins its case over the presence of alleged hazardous insulation at the college campus in Melbourne’s CBD.
The liquidator of six companies linked to the nephew of former Nudie Juice founder Andrew Binetter has secured approval for a settlement in a case over the fallout of a massive tax evasion scheme.
The former chairman of BBY has been charged with aiding and abetting dishonest conduct while head of the board at the defunct stockbroking firm.
A former director of collapsed Melbourne derivatives broker Berndale Capital Securities will spend a year in jail after pleading guilty to offences connected to his misuse of company funds.