Stewart Maiden

Administrators of collapsed supply chain finance company Greensill Capital have reached a settlement with GFG Alliance's Liberty companies, resolving a case that was set for trial beginning Tuesday.

Former directors of failed clothing retailer Mosaic Brands have failed to shield documents recording safe harbour advice they received from Hamilton Locke, with a judge finding privilege was waived after the advice was included in board minutes and provided to the administrators. 

A Victoria Supreme Court judge has ordered the transfer of two cases over pre-emptive rights in a land development unit trust to the Federal Court, to be heard alongside a case by property developer Villawood.

A company incorporated to manage a development in regional Victoria has lost its bid to withdraw admissions in a case by property developer Villawood alleging a former director engaged in a fraudulent scheme to divert management fees.

Property developer Villawood has argued that a company incorporated to manage a project in regional Victoria can't withdraw admissions over an alleged fraudulent scheme by a former director to divert management fees. 

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.

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.

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. 

Preventing a DOCA for the Milligan-owned developer of the troubled $1.8 billion Halo Tower skyscraper in Sydney could cause $100 million in losses and jeopardise a sale to Cbus set to settle in July, a court has heard.

Twenty-one former property owners at the site of the troubled 55-storey Halo Project skyscraper in the Sydney CBD have won access to a contract entered with Cbus Property shortly before developer FT Sydney went into administration.