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Construction PRO
A court has ruled that Canadian investor Franco-Nevada is entitled to mining royalty payments agreed to with a unit of mining company Arrium before its collapse, despite the company's failure to lodge a proof of debt.
A judge has dismissed a bid by two Liberty Steel companies to stay a case brought in NSW by administrators for collapsed supply chain finance company Greensill while a related case in the UK proceeds.
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
A developer has failed to revive its $400 million lawsuit against an investor over a development at the site of the former Pentridge Prison in Victoria, with an appeals court agreeing the case was properly dismissed.
Construction PRO
Developer Villawood has lost a bid to add its director’s three daughters to a lawsuit over an alleged "dishonest and fraudulent design” to divert valuable management fees for a development in Wallan, Victoria.
Construction PRO
Developer Villawood wants to add its director’s three daughters to its case over an alleged “dishonest and fraudulent design” to divert valuable management fees for a project in Wallan, Victoria to the director’s family company.
Construction PRO
A director at property developer Villawood can't shield instructions given to his Mills Oakley solicitor after a judge found he sought to use his lawyer to mislead the court.
Construction PRO
Private equity firm EMR Capital has been ordered to pay $12.5 million under a controversial share sales agreement for a Queensland copper mine.
A judge has ruled that two Deloitte partners can act as administrators for embattled wealth manager Keystone, replacing two voluntary administrators from KordaMentha, despite an alleged risk of conflict due to past work for the company.
ASIC has won its bid to appoint receivers to a managed investment scheme run by Keystone Asset Management after expressing "grave concerns" that investor funds were used to pay sports stars and buy a $4.3 million home for its former director.