Construction

Developer Infinity wants to stay a case by liquidators of collapsed developer Crown Group seeking to sell the land for their stalled joint venture for a residential tower in Melbourne’s Southbank.

The prospective developer of the Hyde Park Inn site in Sydney is appealing a decision which rejected its bid to delay a $95 million payment to the NSW Returned Service League to settle the sale. 

A Victorian shopping centre has been ordered to pay back $1.5 million to a company that broke a contract for a $30 million land sale.

A judge has found that Victoria's SOP Act is not at odds with the Australian Consumer Law, refusing to set aside a $1.85 million adjudication determination in a dispute over a $38 million contract for a Glen Iris residential development.

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.