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.
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.
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.
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.
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.
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.
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.
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.
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.
Owners at the Alcove development in Sydney’s North Shore have been given the green light to expand their case against the Meriton-owned builders to claim $123 million in damages for alleged systemic defects.