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Former Keystone Asset Management director Paul Chiodo has agreed not to raise money for his property fund Royce Capital after ASIC alleged the fund was secretly being used to cover his legal fees in the regulator’s enforcement action.
Construction PRO
Former Keystone Asset Management director Paul Chiodo has agreed not to raise money for his property fund Royce Capital after ASIC alleged the fund was secretly being used to cover his legal fees in the regulator’s enforcement action.
Construction PRO
Sand importer Metro Environmental Logistics has foreshadowed an appeal after losing its case against the Port Authority of NSW over a lease agreement for a multi-user facility in Sydney Harbour.
Construction PRO
A Newcastle residential development had lost its bid to pay around $6 million in damages in monthly installments, with a judge saying there was no evidence paying the amount would put the group in a bad financial situation.
Construction PRO
A judge has refused to quash a SOPA adjudication in favour of SD Civil Engineering against a developer for work on the Hills Hub project in the north west Sydney suburb of Rouse Hill.
CBRE has settled a lawsuit by an employee who alleged he was forced to continue working with a manager who falsely accused him of killing his rabbit.
Construction PRO
A judge has dismissed a case brought by a sand importer against the Port Authority of NSW seeking to recoup alleged lost profits and reliance damages falling from a lease agreement for a multi-user facility in the Sydney harbour.
Construction PRO
A court has extended urgent freezing orders against the developers of the $133 million Babylon Apartments in the north-west Sydney suburb of Rouse Hill, in a dispute over a builder's payment debt.
McCullough Robertson has won its bid to strike out a former client's professional negligence case, with a judge finding that its reliance on “common sense and experience” in its pleading was inadequate.
Construction PRO
A judge has allowed Adani unit Bravus to bring a $22 million counterclaim against Isaac Regional Council in Queensland, alleging it breached an agreement to upgrade a 96-kilometre road to access the Carmichael mine.