Collapsed Melbourne developer Steller has failed to convince a court that its founders and two former directors owe $101.9 million, with a judge rejecting claims that they personally guaranteed the company’s debt.
A judge has rejected AirServices bid for a separate hearing on whether it was required to manage environmental issues outside of its leased site at the Launceston Airport in Tasmania.
An appeals court has found water infrastructure investor Conexa liable to pay land duty on a $46 million Sydney pipeline it acquired as part of a blockbuster deal with Rosehill.
An appeals court has tossed a challenge to a judge’s decision that found a property developer was required to return a $1.3 million loan, despite finding the judge erred in holding enforceable an agreement reached over email.
A court has refused to order the applicant in a failed class action against NULIS Nominees to pay indemnity costs, but has confirmed that so-called Calderbank offers can operate in group proceedings.
Mulpha says a class action over the Mulgoa Rise development in Glenmore Park, NSW needs to clarify its negligence case to enable the developer to decide on the viability of potential cross-claims.
In tossing the sixth securities class action to go to trial in recent years, a Federal Court judge has shown the task of proving shareholder loss is a doozy.
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.
The administrators for the operator of the Callide power station have won extra time to convene a second creditors meeting after the court heard they may soon be able to put to rest a series of complex disputes over the Queensland power station.
Luxury developer Mulpha says a class action’s negligence allegations over the Mulgoa Rise development in Glenmore Park, NSW might warrant cross-claims against subcontractors.