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Construction PRO
Kent Projects presses fight over fraud claims in CFMEU case
Kent Projects, the engineering firm behind the world-first Kwinana energy transformation hub in WA, is not giving up its fight against fraud claims in a case by the CFMEU.
Construction PRO
Mirvac secures $23M land valuation for Sydney high rise
Property developer Mirvac has successfully challenged the land tax valuation of a North Sydney office block, securing a $6.25 million reduction following a conciliation conference with the Valuer General of NSW.
Court won’t block investor in Sam Altman-backed AI firm from voting on share sale
A judge has declined to make orders blocking a general meeting of the members of Cryptai, a company with a significant shareholding in Sam Altman-backed Ai company Rain Neuromorphics, in order to consider a share sale.
Keybridge to stay in administration pending Nick Bolton appeals
Keybridge CEO Nick Bolton has won a stay of orders ending the company's administration as he appeals that ruling and another that found he and two other directors were validly removed and replaced at a board meeting.
Construction PRO
‘Far-fetched and uncommercial’ take on PPAs rejected in spat over NT power plants
Electricity provider Rimfire Energy has prevailed in a fight with the builders of two power plants in the Northern Territory, winning $1.4 million in damages for a four-year delay in reaching target operating dates.
Construction PRO
Developer can’t claim setoff in spat with Tomkins over $55M Sunshine Coast apartments
An appeal against a ruling that the developer of a $55M Sunshine Coast residential complex could not set off a liquidated damages claim against builder Tomkins' pre-completion payment claim has been thrown out.
Judge ends Keybridge administration, finds company is solvent
After running a successful campaign to remove three board members, major Keybridge shareholder WAM Active has convinced a court to end the investment company's administration after it provided a letter of comfort and offer to fund its debts.
Construction PRO
Kent Projects can’t escape fraud claims by CFMEU
The engineering company behind the world-first Kwinana energy transformation hub in WA has lost a bid to strike out fraud claims from a case by the CFMEU over an enterprise agreement covering maintenance workers.
Construction PRO
Developer wins docs from council in spat over Paddington boarding house reno
Sydney City Council has been ordered by a court to produce documents in a legal battle with a property developer seeking to convert a Paddington boarding house into luxury residences.