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Construction PRO
Developer of Sydney’s Honeycomb Terraces barred from selling apartments
A Sydney developer has been slapped with orders preventing it from selling the ‘Honeycomb Terraces’ in order to preserve the funds available to the owners corporation, which is seeking damages over defects at the allegedly contaminated site.
Construction PRO
Builder Kuatro fails in appeal in SOPA case against Elite Formwork
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.
‘Horse has bolted’: Judge declasses COVID-19 insurance class actions
Four proceedings over COVID-19 business interruption losses will be stripped of class action status, with a judge saying most of the common issues were already determined in test cases.
Useless to continue $400M underpayments class action against Tandem, judge says
A judge has approved the discontinuance of an underpayments class action against Tandem, saying it would be "inutile" to press forward with the case after the telco contractor entered administration.
Class action seeks court OK to drop case after teleco contractor fails
The applicant in an underpayments class action against telecommunications contractor Tandem -- which has been stayed since the company entered administration -- has asked a court to abandon the case.
Court won’t allow suit over $200M in Lendlease purchase options
An appeals court has dismissed a challenge in a lengthy legal drama between the children of one of Australia’s richest families, finding that a lawsuit over $200 million in Lendlease purchase options was not brought in good faith.
Sunwater insurer doesn’t owe coverage for $440M Queensland floods class action
Queensland government-owned water services provider Sunwater has lost a bid to overturn a judgment letting insurer Liberty Mutual Insurance off the hook for its share of a $440 million settlement in the Queensland floods class action.
Funder’s commission cut by 33% in ‘lower risk’ employment class action
A judge has cut a funder's commission by 33 per cent after approving a $20 million settlement in a sham contracting class action against telco contractor BSA Limited, finding that funders should receive “significantly lower” payouts in employment cases.
Teleco contractor BSA can’t get costs for winning class action side spat
Teleco contractor BSA, which resolved a class action by its workforce for $20 million, won't be recouping the costs of legal action to exclude a $13 million capital raising from the settlement.
BSA’s $20M class action settlement wins court approval
A judge has approved a $20 million settlement in a sham contracting class action accusing telco contractor BSA Limited of misclassifying its workforce of technicians as independent contractors.