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Till Payments can’t fight ‘royal commission’-style doc bid over capital raise claims
Fintech 2025-07-03 11:48 pm By Andy Sidler

Investors in Till Payments have won discovery for a possible suit over $43 million in alleged losses suffered after it was sold for just $47 million following a $200 million capital raise, with a judge rejecting arguments that the bid amounted to a royal commission. 

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Builtcom loses appeal in payment claim spat with developer VSD
Construction 2025-06-18 11:23 pm By Andy Sidler

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.

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Defence by Meriton’s Karimbla in $123M defects case contrary to court orders, owners say
Construction 2025-06-06 11:29 pm By Christine Caulfield

Owners of apartments at Meriton’s Alcove St Ives will fight a defence by the developer’s building unit they say goes against court orders made allowing them to greatly expand their case.

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Cladding case by Infinity apartment owners not ‘without merit’: tribunal
Construction 2025-06-03 11:43 pm By Christine Caulfield

Although Meriton’s contractor prevailed in a cladding spat over Brisbane’s Infinity Tower, the owners corporation’s arguments were not at all stages “without merit”, a QCAT member has said in declining to award the builder its costs.

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Builtcom says court’s ruling ‘disables’ progress payments on Sydney project
Appeals 2025-05-23 11:13 pm By Christine Caulfield

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.

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Keybridge CEO Nick Bolton loses challenge to removal by board
Restructuring & Insolvency 2025-05-08 11:33 pm By Andy Sidler

An appeals court has rejected Keybridge CEO Nick Bolton’s challenge to a ruling that found that he and two other directors were validly removed at a board meeting, finding in favour of shareholder WAM Active. 

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VSD wants stay of Builtcom win pending $8.5M payment claim challenge
Construction 2025-05-02 11:58 pm By Christine Caulfield

It lost its bid in the NSW Supreme Court to withhold a payment claim from the builder of a 30-storey project in Sydney pending an appeal, now developer VSD Investments has asked an appeals court to halt payment.

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VSD Investments can’t block $8.5M payout to Builtcom despite appeal
Construction 2025-04-29 11:46 pm By Cat Fredenburgh

Developer VSD Investments has lost an argument for withholding an $8.5 million payment claim from the builder of a 30-storey project in Sydney’s inner west pending the construction company’s appeal.

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Court tosses Builtcom’s challenge to $8.5M payment claim determination
Construction 2025-04-14 11:57 pm By Christine Caulfield

Builtcom has lost a challenge to an adjudicator’s $8.5 million determination of a final payment claim under a contract with VSD Investments for construction of a 30-storey development in Sydney’s inner west.

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Meriton’s bid for security in $123M defects suit fails
Construction 2025-02-26 10:47 pm By Andy Sidler

A judge has declined Meriton’s bid for $2.4 million in security in a lawsuit over alleged systemic defects at the Alcove apartment development in Sydney’s North Shore.

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