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Construction PRO
Cobolt fights Duke developer’s recourse to security in feud over project
The builder of the Duke apartment complex in the inner city Melbourne suburb of Collingwood wants a court to block the property developer from accessing a bank guarantee as their dispute over the project continues.
Court calls ASIC out for ‘kitchen sink’ approach to pleadings in Mawhinney case
A judge has taken ASIC to task for pleading its remitter case against Mayfair 101 Group director James Mawhinney in minute detail, but has rejected arguments the regulator ran the proceeding in an “oppressive and unmeritorious” way.
Construction PRO
ANZ conduct ‘remarkable’, judge says after ALAMMC director allegedly withdraws frozen funds
A judge has ordered ANZ to explain itself after hearing the director of a Gold Coast property developer under investigation withdrew $112,000 from a bank account subject to freezing orders.
Construction PRO
Fairfield developer wins spat over $3M payment claim
A developer has won an injunction to stop a builder from enforcing an adjudication decision in a dispute over a $3 million payment claim, with a judge finding it would be an abuse of process to make the developer pay.
Construction PRO
Commercial development ‘greatest potential risk’ in $200B private credit sector: ASIC
An ASIC report into private credit has found that commercial property construction and development presents the “greatest potential risk” of impairment or credit loss, as well as being more likely to involve conflicts of interest and opaque fee arrangements. 
Construction PRO
Developer sues Maddocks over Toorak penthouse deal with millionaire
Developer Techin MBS has filed a lawsuit against Maddocks, claiming the law firm is liable for negligence if a contract of sale for a penthouse in Toorak with multi-millionaire Scott Shearman is not found to be binding.
Construction PRO
TPG can’t challenge SOPA win for Kenik over $14M Taringa Coles
A court has rejected a property developer's bid to challenge a payment claim decision that found in favour of collapsed builder Kenik, the contractor on a $14 million Coles and Liquorland in Taringa.
Construction PRO
Judge sets aside $1.5M SOPA adjudication over lux Gold Coast development
A judge has set aside an adjudicator’s decision that the head contractor for a luxury Gold Coast tower owes fitout company Starline $1.5 million, finding the subcontractor had obtained a District Court judgment over the same project.
Construction PRO
Company loses bid for $6M in compensation for Sydney Metro’s compulsory acquisition
The owner of a dental practice compulsorily acquired by Sydney Metro for the Metro West project has lost a bid for $6 million in compensation, with a judge rejecting its claim for ‘special value’ in the land.
Construction PRO
Developer must produce noise reports in nuisance suit over $284M wind farm
The developer of the Berrybank wind farm must produce expert communications in a lawsuit over noise emissions from its turbines, but can shield documents pointing to any defects.