Industries

A developer can have recourse to $740,000 in security following building delays, with a judge finding that its contract with Rawcorp for the construction of a Coolangatta apartment complex created an unfettered right to call on the security. 

A judge has allowed an engineer to conduct invasive testing on 16 tennis courts in Western Sydney which a local council claims need to be replaced due to defects.

Singapore renewables company Vena Group has signed a $200 million long-term battery storage agreement with Danish energy trading company InCommodities for the Bellambi Heights battery energy storage system in central west New South Wales. 

Macquarie Investment Management breached its obligations after its members invested $321 million in Keystone Asset Management's failed Shield fund, a court has found, but the super trustee will not pay a penalty.

The Australian Securities and Investments Commission has been given the green light to pursue a consumer case alleging defunct online retailer Snaffle charged consumers inflated prices.

Dexus can question APAC's chair on the material relied on by the Melbourne Airport operator in issuing a default notice requiring the real estate asset manager to sell its stake, ahead of trial in a fight over the validity of the notice.

A director can't escape an oral examination by the liquidator of collapsed construction company Symich Building on medical grounds, with a judge saying the doctor who certified her as unfit seemed to misunderstand that examinations are “adversarial in nature”.

The founders of rock band Australian Crawl have taken their former drummer to court, alleging he registered the band's trade marks without consulting them.

After a win in their spat over the sale of Brazil's Santa Rita nickel mine, two Australian companies who held all shares in the mine's owner, Atlantic Nickel, may seek costs against Omni Bridgeway and Balance REV, the litigation funders of the loser in the case.

Victoria's construction regulator has charged builder Glenvill Construction with breaching new laws requiring builders to hold a domestic building insurance policy before receiving deposits for contracts.