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Construction PRO
Shangri-La director takes aim at funding agreement for cladding suit
Construction 2025-09-15 11:14 pm By Julia Kanapathippillai Sydney
The director of collapsed builder Shangri-La Construction wants to expand his defence in a suit over allegedly flammable cladding installed in a Melbourne building to argue a funding agreement with an owners corporation was not valid because nearly a quarter of owners abstained or voted against it.
Appster founders face $12M insolvent trading case
Restructuring & Insolvency 2021-12-09 12:23 pm By Cindy Cameronne Sydney
The liquidator of collapsed app-development firm Appster has filed a lawsuit against the company’s founders seeking $12 million in compensation for alleged insolvent trading.
Liquidator of collapsed start-up Appster wants to grill founders, KPMG partner
Restructuring & Insolvency 2020-02-18 2:54 pm By Miklos Bolza Sydney
The liquidator of collapsed app-development firm Appster has filed examination proceedings against the company's founders and auditor ahead of possible legal action for allegedy trading while insolvent.