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Construction PRO
The developer of a Sydney apartment block has appealed a decision that awarded the owners corporation $1.95 million, arguing the owners may have manufactured a relationship breakdown to escape their obligations.
Construction PRO
An appeals court has ruled against developer Universal, which resisted a payment claim under the SOP Act, saying it couldn't raise a defence pointing to the contract after failing to serve a payment schedule.
Construction PRO
An appeals court has rejected Dexus' challenge to a finding that it must sell its 50 per cent stake in Sydney’s largest suburban shopping centre to Macquarie Retail, saying its arguments contradicted the “evident commercial purpose” of the contracts at issue.
Construction PRO
A Dexus property fund has argued that a judge went the “wrong way” in deciding that it was forced to sell its 50 per cent stake in Sydney’s largest suburban shopping centre to Macquarie Retail.
Construction PRO
The owners of ten townhouses in Rosehill, NSW have secured a $3.8 million default judgment against their builder Dominium Homes.
Construction PRO
Commercial property firm DTZ Worldwide has lost its bid for $243 million in damages related to its acquisition of United Group from UGL Limited over United's alleged failure to disclose that a key contract was “loss-making”.
Telstra's case against two family members of a former employee accused of stealing millions of dollars in phones and other electronics has been paused pending the outcome of criminal proceedings, with a court finding the telco's pursuit of proceeds of the alleged crime would prejudice the pair's right to silence.
Contractor Kingfisher Mobile has dropped a claim against Telstra in a $45 million lawsuit alleging the telco breached a November 2022 contract when it engaged a new provider to take over.
Swiss fintech Temenos has partially won its bid to view legal advice received by the Northern Inland Credit Union in a lawsuit alleging the cloud banking provider made misleading representations during negotiations for the installation of a new core banking system.