Construction

Administrators of construction company Roberts Co Victoria, which owes $272 million to 470 creditors, are justified in treating funds as if held on trust for subcontractors on six projects in Melbourne, a judge has found.

Deakin University is suing builder Hanson Yuncken seeking $14.3 million for alleged defects on a building at its Burwood campus.

The head company in the Roberts Co construction group has gone into administration after its NSW arm was sold off to UAE-based developer Arada earlier this month. 

Lendlease has confirmed it is joint venture talks with the British Monarch's land and property management company to develop a portfolio of projects in the UK.

Collapsed Sydney developer Dyldam has denied wrongdoing in a lawsuit alleging members of the Fayad family used $74 million in sale proceeds for personal benefit and sought to conceal that fact from business partners.

Melbourne developer Dahua has filed proceedings against a furniture company claiming it is owed $3.4 million in unpaid invoices and development fees for a luxury residential development in Hawthorn. 

Gilbert + Tobin has snagged an Allens partner with expertise on major transactions and projects for its energy, infrastructure and resources group.

Watpac faces a lawsuit by Wyndham City Council over alleged leaks from the roof of the redesigned Werribee Sports and Fitness Centre, which it says cost $3.5 million to fix.

Abacus Storage Kings has rejected a $1.9 billion takeover offer from a consortium of Ki Corporation, the family office of South African businessman Nathan Kirsh, and New York Stock Exchange-listed Public Storage.

An interim payment claim under Queensland's SOP Act must include claims related to work carried out within the preceding six months, a judge has found.