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Star Entertainment can add new claims to a dispute over renovations at its Sydney casino, despite the fact that the defendant builder may be time barred from deflecting liability onto a subcontractor.
The Full Court has found that a policy exclusion applies in a dispute between Acciona Infrastructure and Ferrovial Construction and three insurers over coverage for loss and damage caused by heavy rainfall during the construction of the $695 million Pacific Highway in northern New South Wales.
Downer EDI is facing a possible shareholder class action after the construction giant revealed accounting irregularities had caused it to overstate its revenue by as much as $40 million.
Construction company Richard Crookes plans to appeal a ruling which found the Security of Payment Act is available to insolvent builders to pursue debts under a deed of company arrangement, despite an amendment to the law preventing construction companies in liquidation from enforcing payment claims.
Opal Tower engineer WSP is battling insurers for builder Icon over coverage for the costs of a class action by residents, telling a court on Wednesday that Icon was liable for alleged structural defects in the building despite having subcontracted the structural design to WSP.
Acciona has hit back at a suit brought by the entity in charge of a $511 million waste-to-energy plant south of Perth alleging it was unlawfully shut out of the project site, with the Spanish infrastructure giant saying the entity had no “unlimited right of access.”
The funder in the Opal Tower class action has appealed a judge's decision to slash its commission for not disclosing proposed deductions from the settlement sum as percentages, telling the Full Court that group members could do "simple arithmetic".
Shareholders have brought a class action in Australia against New Zealand-based Fletcher Building, alleging the company failed to disclose material information relating to its construction division.
Japanese oil company Inpex has lost its bid for a split trial in a dispute with insurers AIG Australia and Mitsui Sumitomo over coverage for litigation related to defects at the $45 billion Ichthys liquified natural gas project in the Northern Territory.
In a landmark ruling, the NSW Supreme Court has found the Security of Payment Act is available to insolvent builders to pursue debts, despite an amendment to the law that prevents construction companies in liquidation from enforcing payment claims.