Eli Ball

An appeals court has tossed a challenge by construction firm Builtcom to an adjudication that slashed a $30 million payment claim against developer VSD Investments by $21 million, saying mere legal error was not enough.

Challenging an $8.5 million adjudication on a payment claim that sought over $30 million from developer VSD Investments, construction company Builtcom says it is effectively "disabled" from recovery of progress payments.

A judge has signed off on a settlement in a class action by investors in failed advisory firm Linchpin Capital, with insurer AIG paying $12.15 million and forfeiting its right to appeal a liability finding.

An investor class action against failed advisory firm Linchpin Capital has sought court approval of a $12.15 million settlement with insurer AIG, which will leave 176 group members to share in $7.2 million after deductions.

A court has ordered builder Kuatro Build to pay concrete subcontractor Elite Formwork more than $500,000 in progress payments for work on a Sydney development, finding no error in an adjudicator's determination.

Details of a settlement with AIG in a class action by investors in failed Linchpin reveal the insurer has paid out all of a $10 million policy and will hand over another $2.15 million in interest and costs.

A class action brought by investors of failed advisory firm Linchpin has reached a settlement with insurer AIG — the last remaining defendant in the case.

An investor class action against failed advisory firm Linchpin Capital and its former directors has won its bid to claim its losses against a $10 million insurance policy from AIG.

The High Court has declined to grant special leave to a former HWL Ebsworth client seeking to revive a decision that found the law firm's bad advice over property in Parramatta's 'Auto Alley' cost it $2 million.

HWL Ebsworth has won indemnity costs against a former client who alleged the firm gave negligent advice over property in Parramatta’s 'Auto Alley', with a court saying the client was the “author of the outcome about which it complains” by rejecting a $1.35 million settlement offer.