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Construction PRO
One of 50 subcontractors left unpaid after Victoria's Department of Education nixed three construction project contracts with failed builder Roberts Co (VIC) is set to join in proceedings seeking declarations under a deed of company arrangement.
Construction PRO
The liquidator for collapsed property developer Monarch Tower has lost its appeal seeking an extension of time to bring voidable transaction claims said to be worth $27 million against 13 individuals and companies.
Construction PRO
JB Asset Management has clawed back $3 million from a scuttled real estate deal involving LBA Capital, almost a year after LBA’s director was jailed for fraud.
General Motors has defeated a class action by Australian car dealers over its decision to retire the Holden brand, with a judge finding the car maker did not breach its agreements.
General Motors has failed to overturn a decision that put it on the hook for the applicant’s full costs in a partial settlement in a class action on behalf of Holden dealers, with an appeals court finding GM could not “walk away” from the ordinary meaning of the phrase ‘the plaintiff’s costs of the proceedings’.
An appeals court has questioned General Motors’ construction of its settlement with the applicant in a class action on behalf of Holden dealers, as the car maker seeks to overturn a ruling that put it on the hook for the applicant's full costs.
General Motors is stuck with the full costs of the applicant in a Holden dealers' class action as part of a settlement with the dealership, despite arguing it had intended by its offer to pay the costs incurred only by the lead plaintiff itself.
General Motors has been accused of having “carefully curated” its list of witnesses to avoid giving evidence about the car maker’s decision to stop supplying Holden-branded vehicles in Australia, as trial in a class action by Holden dealers kicks off.
General Motors could be stuck paying more costs than it bargained for after it settled with the lead plaintiff in a class action over a decision to retire the Holden brand.
Holden dealers in a class action over GM's decision to retire the brand in March 2020 have taken issue with the car maker's counterfactual in defence, which argues the plant supplying Holden's best-selling models would have closed anyway.