The managing director of the Australian arm of property developer Arada has lost his bid to bar a vote on his termination as he and the group’s CEO sling allegations of misconduct and dishonesty.
Two units of builder BGC have won a stay of building remedy orders to re-pipe homes fitted with faulty Iplex piping while they appeal the orders, but have lost a bid to adjourn the appeals.
Owners of apartments in Sydney’s One Central Park have been ordered to pay Frasers’ costs in defending a suit that sought declarations in relation to defective planter boxes on the building’s façade.
Engineering firm GHD Australia, which has recently been joined to a class action over a bus crash in NSW’s Hunter Valley that killed 10 passengers, has flagged bringing its own cross-claims.
Insurer Liberty Mutual has argued that CPB Contractors and John Holland’s $150 million in claims in relation to Sydney’s North West Rail project are largely out of time, in a lawsuit alleging the insurer breached its duty of good faith.
Property giant Frasers has expanded its capital partnership with Morgan Stanley to include a portfolio of $500 million in warehouse assets in NSW, Victoria and Queensland, bringing their partnership to over $1 billion in assets.
Liquidators for companies in the Dyldam Group have won an extension until early 2027 for further investigation of the defunct developer.
Engineering firm WSP has secured a stay of a new suit by Canberra builder Morris Construction alleging it should be on the hook for engineering and design failures by a subsidiary over a troubled Kingston development.
A judge has made contempt findings against a real estate agent who attached discovered documents to emails that railed against alleged collusion between a local council and the EPA, but stopped short of finding he intimidated witnesses in a spat over a Ballarat development.
Engineering firm Calibre can’t get minutes of meetings involving Probuild and the owners of the Pacific Werribee shopping centre in Victoria to defend itself in $356 million defects suit.