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Construction PRO
Sydney Water’s doc request rejected in $48M fight over The Yards
A judge has shot down Sydney Water's bid for discovery from a Frasers Property-Altis Real Estate joint venture, in a dispute over $48 million in infrastructure contribution charges for a $1 billion industrial development in Western Sydney.
Ex-Kyckr CEO fights Richard White’s ‘tactical’ bid for costs
The former CEO of money laundering software company Kyckr is fighting Richard White’s bid for all his costs, after the judge said that she “abandoned” her previous statement of claim. 
Construction PRO
Court won’t undo fast-track decision on $60M Sydney residential development
A court has rejected a bid to undo the state significant development status of a proposed 37-storey, 100-unit shop-top housing development in Northern Sydney.
Former Kyckr CEO back to drawing board in case against Richard White
The former CEO of Richard White’s anti-money laundering software company Kyckr has agreed to strike out her entire case and file a new pleading in her suit accusing the Wisetech chair of misleading and deceptive conduct.
Construction PRO
Maurice Blackburn scores partial win in fight over home insurance premiums info
A tribunal has found the public interest favours disclosure of information about how premiums are calculated under the state's home building insurance scheme, partly overturning a decision refusing access to documents sought by Maurice Blackburn.
Construction PRO
REST appeals forced sale of Dexus shares in Melbourne Airport
Super fund trustee REST Nominees is the first of the Dexus bloc of APAC shareholders to challenge a finding that a default notice issued by the board of the airport operator was valid.
Construction PRO
Judge accepts ‘real risk’ Halo Tower sale to Cbus will fail if DOCA blocked
A judge has accepted that Cbus’ agreement to buy a 50 per cent stake in Sydney’s troubled Halo Tower could fall through if the beleaguered developer behind the project is forced to remain in administration, shooting down a challenge to a DOCA.
Construction PRO
Court won’t block DOCA or developer of $1.8B Halo skyscraper
A court has dismissed a bid to temporarily block a deed of company arrangement for Halo Tower developer FT Sydney, after hearing an injunction might jeopardise a sale to Cbus Property, set to settle in July.
Construction PRO
APAC board’s Dexus contingent suspended, forced sale to proceed
The forced divestiture of Dexus' stake in airport operator APAC will proceed, after a court on Friday discharged injunctions temporarily blocking the sale amid a dispute over the disclosure of confidential information.
Construction PRO
Halo Tower debt to former owners ‘trifling’ compared to $660M debt to Merricks: judge
A judge has questioned why unsecured creditors will not give a promise to pay damages as they seek to stop a DOCA for the Milligan-owned developer of the $1.8 billion Halo Tower from going ahead, which could allegedly cause $100 million in losses.