A bid for approval of a seniors living complex on Sydney’s northern beaches has stalled after a court found a commissioner ignored mandatory considerations on the mistaken understanding that they conflicted with other planning requirements.
A judge has handed Shinetec a win in its dispute with the developer of a scuttled $185 million project in Sydney, finding that $48 million owed by the builder to its parent company after the developer called on a letter of credit fell within the definition of ‘secured money’.
Property developer and former director of collapsed Keystone Asset Manager Paul Chiodo is appealing the rejection by liquidators of a $9 million proof of debt.
A court has upheld the $63.8 million valuation of an inner-Sydney high-rise, rejecting Meriton’s argument that it should be reduced to $52 million because of its isolation from public transport.
Chase Builders can’t avoid completing fire safety rectification works at the Manhattan on the Park apartment complex in Canberra by citing a 10-year limitations period after running down the clock with litigation, a tribunal has said.
A Sydney builder has lost its challenge to a $453,000 judgment for a developer, with an appeals court finding the construction company claimed payment for a greater amount of work than was done on a project in Dural.
A construction project superintendent who revised down costs previously paid to the builder contracted on the Shenton Quarter development in Perth acted outside the terms of the contract, a court has found.
A court has shut down an investor’s $455,000 suit against defunct property development group Lion Property Group, finding its liquidators are better placed to untangle the claims.
A court has thrown out a bid by the developer of a Melbourne apartment block to challenge the scope of powers of an administrator appointed by the Victorian Civil and Administrative Tribunal to deal with significant defects.
The developer of the $52 million Argyle Square project in the inner city Melbourne suburb of Carlton has launched a bid to convert bank guaranties provided as a security under a contract with LU Simon into cash.