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Rio Tinto's struggling Tomago Aluminium Company has lost a challenge to a $52 million valuation of the land occupied by its Hunter Valley smelter, despite arguing the sum was too high in light of electricity costs and the limited pool of notional buyers.
Construction PRO
A local NSW council has been ordered to pay the owners of a block of land it acquired in North-West Sydney $12.7 million, with the court finding that if not for the acquisition, the land could have been used for residential purposes.
Construction PRO
Developer Garrard Building has succeeded in appealing a regional council's rejection of its plans for a $53 million development in Yamba in the NSW Northern Rivers region due to flood concerns.
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A court has backed the NSW Central Coast Council’s decision to block the construction of a 118-lot residential development, after the developer failed to adequately offset the impacts on the swift parrot and squirrel glider.
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The NSW Land and Environment court has approved developer Central Element's plans for its $100 million 'Lamrock Avenue' luxury residential development in Bondi Beach, following a conciliation conference with the local council.
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A member of the Waterhouse racing family has lost his court fight with a neighbour over planned renovations to the garage of his $26 million distinctive Sydney mansion.
Twenty-five barristers have joined the rank of silk in NSW, including one who represented AMP in a class action that settled for $100 million and another who is assisting the Commonwealth in its fight to recoup $325 million in excess subsidies in a dispute over generic Plavix.
Two companies owned by the ex-director of Dial A Dump have failed in a bid to secure $584 million in compensation for land compulsorily acquired by the NSW Government for the WestConnex project, with the court granting them less than 10 per cent of that amount.