ASIC has secured winding up orders against Gold Coas- based ALAMMC Developments and a number of related companies amid concerns the property developer mismanaged millions of investors funds.
Boroondara City Council has told a court that builder ADCO was “particularly motivated” to not provide a parent company guarantee under a $59 million contract to develop the Kew Recreation Centre after the roof of the building collapsed during the construction.
A prefab home builder has filed an application with the High Court after it was ordered to pay $500,000 in damages for engaging in misleading and deceptive conduct to convince a couple to vary their contract to allow the use of cladding they had previously rejected.
Civil construction firm United Crib Blocks Construction has won a fight over a notice to produce in a case alleging a former employee has misused the company’s confidential information.
Owners of apartments in Sydney’s One Central Park, who are embroiled in disputes with developer Frasers over defective planter boxes on the building’s façade, can’t get a court declaration to impact rectification works.
A judge has vacated an upcoming trial in a $27 million lawsuit against a unit of Coronation Property over alleged defects in a Liverpool high-rise.
A luxury Hamilton Island resort has lost its bid to vary the form of security ordered last year in its $15 million suit over allegedly defective rectification works completed in the wake of Cyclone Debbie.
Developer CIP Group must fork over another $1.17 million in further security for costs in a derivative case against entities associated with a 600-lot development in Brisbane.
The liquidator for collapsed property developer Monarch Tower has lost its appeal seeking an extension of time to bring voidable transaction claims said to be worth $27 million against 13 individuals and companies.
The High Court has rejected a special leave application by the owners of land acquired to build a Melbourne freeway that sought to overturn an “erroneous” appeals court decision which left them with $2 million for land worth over $30 million.