US-based investment firm Carlyle has announced the launch of a clean energy infrastructure platform for the development of solar, battery storage and green hydrogen projects in Australia and the UK.
Liquidators of the ABD Group of construction companies have won a brief reprieve from the three-year limitation period to launch voidable transaction cases worth up to $23.2 million.
Building materials giant Boral has acquired the Wallan Concrete plant 45km north of Melbourne’s CBD for an undisclosed sum, two months after its purchase of a Victorian sand producer.
The liquidators for defunct Perth builder Modco Residential have won court approval to bring claims for unfair preferences and unreasonable director-related transactions against multiple defendants in one “mothership” case.
A judge has rejected Parkview Constructions’ bid to tweak its cross-claims in a lawsuit over alleged combustible cladding at the Australia Towers in Sydney Olympic Park.
AkzoNobel has had some success in its late bid to have Japanese oil company INPEX produce documents filed in related proceedings against its insurers in their dispute over allegedly defective coating used on the $45 billion Ichthys natural gas project.
The New South Wales Supreme Court of Appeal has clarified that payment claims and adjudication notices sent via email can constitute service and trigger relevant limitation periods under the Security of Payment Act.
A settlement has been reached in a class action on behalf of people who purchased off-the-plan homes in the Clydesdale Estate in north-west Sydney.
West Gate Tunnel builders CPB Contractors and John Holland say engineer Aurecon Australasia should be on the hook for $359 million in damages for alleged design errors in Victoria’s West Tunnel project, a court has heard.
Liquidators of collapsed builder Privium have won extra time to pursue potential proceedings over a number of suspicious transactions, which include unexplained payments to companies associated with a director.