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Construction PRO
Builder wants personal costs order for ‘overly aggressive’ case
A Victorian construction company is seeking indemnity costs against the company that unsuccessfully pursued a winding-up application against it, as well as a personal costs order against its director.
Fight erupts over experts in data-scraping case against CoreLogic
Real estate data company BCI and US analytics firm CoreLogic are fighting over expert evidence in a novel IP case over alleged data scraping, with CoreLogic saying a report by BCI’s accountant makes changes to its case two months out from trial.
Construction PRO
$40M suit against real estate investors spiked amid HK criminal case
Lawsuits against a Chinese real estate investor and his mother involving transactions linked to Sam Fayad's Dyldam Group have been paused pending criminal proceedings against the pair in Hong Kong.
Banksia investors slugged with costs after suit against ABL, receiver
Banksia Securities investors who agreed to drop their case alleging breaches linked to a scandal-ridden class action have been hit with costs, with a judge saying the case was “plainly” not for the benefit of all group members.
Treasurer wins $14M penalty in first case over foreign investment breach
A judge has ordered a foreign investor in rare earths miner Northern Minerals to pay pecuniary penalties after it failed to comply with divestment orders, in the first case brought over alleged breaches of foreign investment laws.
Construction PRO
Court finds body corporate can brings case in its own name against Devine
A court has ruled that the body corporate of a block of units can bring a contract claim against builder Devine in its own name, finding that parliament did not intend to import the technical legal meaning of ‘subrogation’ into legislation governing owners corporations.
Construction PRO
Crema can’t bar access to $6M in battle with Malvern Collective developer
Construction company Crema has lost a bid for an injunction blocking the developer of a luxury apartment complex in Melbourne’s east from accessing $6 million in performance security amid a fight over project delays.
Construction PRO
Court finds ‘brazen dishonesty’ in $45M property sale
A judge has called the conduct of the director of property group Vantager “breathtaking” in its “brazen dishonesty” after he misappropriated $33 million from a $45 million property sale with the help from his accountant.
Liberty Steel wants Greensill administrators’ case put on ice
Two Liberty Steel companies want a case brought in NSW by administrators for collapsed supply chain finance company Greensill to be put on hold while a related case in the UK is on foot.
Construction PRO
Wallaroo solar farm not inconsistent with rural character, court finds
The NSW Land and Environment Court has thrown out an objection to a 100mw solar farm slated to be built in Wallaroo on the NSW and ACT border, finding solar farms are not inconsistent with rural character.