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Construction PRO
BUMA succeeds in $30M dispute over work at Genuity mine
Mining contractor BUMA, which was hired to provide services at the Commodore coal mine in Queensland, has come out on top in a $30 million dispute with the mine's owner, Genuity.
Construction PRO
Santos wins $690M against Fluor over Gladstone LNG project
Energy giant Santos has won a dispute over its Gladstone LNG project, described by a court as "litigation on a monumental scale", securing a $692 million judgment against engineering firm Fluor with the help of four silks.
Santos lawsuit against Fluor over gas project rests on ‘shaky assumption’, appeals court says
An appeals court has shot down oil and gas giant Santos' bid for expanded discovery against engineering company Fluor, finding that the application was "akin to a fishing expedition" that was based on "a shaky assumption" by lawyers from Corrs Chambers Westgarth.
Octaviar liquidators get court OK to reject proofs of $900M in debt by subsidiaries
The liquidators of failed Gold Coast investment group Octaviar have been given the thumbs up to reject over $900 million in proofs of debt from two of the firm's subsidiaries after the Queensland Supreme Court ruled they had received competent legal advice on the matter and were justified in the rejections.
Government to fund examination of JM Kelly’s web of inter-company loans
The Commonwealth has agreed to fund a public examination into the affairs of collapsed Queensland-based construction group JM Kelly, after liquidators uncovered a complicated web of inter-company loans.
Judge signs off on $30M settlement in liquidator’s LM Investment case
A Queensland Supreme Court judge has given the green light for a $30 million settlement of a liquidator's case against failed financial services firm LM Investment Management, saying the result was appropriate and "a matter of some public interest".