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Construction PRO
The owners of the Werribee shopping centre in Victoria have lost their bid for preliminary discovery related to the likely recovery in their $356 million claim against builder Probuild.
An investor class action against failed advisory firm Linchpin Capital and its former directors has won its bid to claim its losses against a $10 million insurance policy from AIG.
Wotton Kearney has welcomed a Clyde & Co partner and his team of six to bolster its Sydney-based insurance practice.
The co-owners of Pacific Werribee shopping centre in Victoria have won their bid for a preliminary trial in a suit against Probuild Constructions and several engineering companies over $200 million in alleged structural defects.
Clyde & Co has been hit with a lawsuit by insurers who say they were wrongly advised to indemnify a builder in a legal dispute.
A team from Clyde & Co has made the jump to Colin Biggers & Paisley, following seasoned insurance partner Patrick Boardman.
Linchpin Capital liquidators have resolved their case against Grant Thornton and Moore Stephens, a year after a court found the evidence on its face established a claim against the auditors.
Four proceedings over COVID-19 business interruption losses will be stripped of class action status, with a judge saying most of the common issues were already determined in test cases.
Private equity firm Alceon and a vendor have been hit with $3 million damages over the misleading sale of a Queensland shopping centre for $55 million.