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Construction PRO
The owners corporation of a Meriton apartment block in Sydney can add late evidence of alleged defects, despite a judge calling the case "an example of how proceedings in the Technology and Construction List should not be conducted”.
CIMIC has agreed to pay $45.25 million to settle a shareholder class action alleging it failed to properly inform the market about its investment in a Middle East company.
Construction PRO
The builders involved in Adelaide's $1.85 billion Royal Adelaide Hospital have lost their appeal of a decision blocking their bid to access documents from the state government on parliamentary privilege grounds.
Construction PRO
The funder behind a class action against Transport for NSW by residents displaced by the construction of Sydney’s WestConnex tunnel has been ordered to pay $134,000 to cover the class action’s costs after it brought a failed action to rescind trust funds.
The funder behind a class action against Transport for NSW that has switched law firms five times has been hit with indemnity costs after it failed to brief a barrister in a dispute over its bid to rescind trust funds.
Construction PRO
US-based satellite broadband provider Viasat has lost its bid to appeal an arbitral ruling that rejected its damages claim against the subcontractor on a Department of Defence project.
Construction PRO
The High Court has ruled that NSW builders cannot point fingers at their subcontractors as concurrent wrongdoers for negligent construction defects under the Design and Building Practitioners Act.
Construction PRO
Property investment giant Charter Hall Group has completed one of the largest green loan transactions in Australia’s real estate sector, securing $3.35 billion in green loan facilities for its office building fund.
Construction PRO
An appeals court has found Transport for NSW was not empowered to compulsorily acquire land for the ‘public purpose’ of the Western Sydney Airport.
Construction PRO
Spanish infrastructure giant Acciona has lost its bid to transfer a dispute over a $511 million waste-to-energy facility in East Rockingham, with a judge finding no overlap with another matter in the Federal Court.