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Construction PRO
A judge has called the conduct of the director of property group Vantager “breathtaking” in its “brazen dishonesty” after he misappropriated $33 million from a $45 million property sale with the help from his accountant.
Two Liberty Steel companies want a case brought in NSW by administrators for collapsed supply chain finance company Greensill to be put on hold while a related case in the UK is on foot.
Construction PRO
Centuria Capital has scooped up a Chadstone shopping centre anchored by Bunnings, the Good Guys and JB Hi-Fi for $86 million.
A court has agreed to hear the Parramatta Eels’ case against former player Zac Lomax on an expedited basis, as the club seeks to enforce a contractual term keeping him off the list of rival teams after an unsuccessful mediation with the Melbourne Storm.
In the first of dozens of similar cases to be decided, the Victorian Civil and Administrative Tribunal has found Uber breached its contract with a driver by deactivating his account over seven complaints.
Construction PRO
A director of developer Villawood has lost his bid to bring an alternative claim in his case against the company’s subsidiary alleging he is entitled to part of a property said to be worth $295 million.
A Dubai-based investor is seeking to vary "punitive" freezing orders won by a brokerage firm that claims he failed to repay a $10.7 million (US$7.2 million) debt over a "highly unusual" airport investment proposal.
Construction PRO
A Sydney developer who claims his solicitor provided faulty advice relating to a financing facility for a project that went into receivership has been granted access to documents from the lawyer.
Construction PRO
More than four years after the roof of the Kew Recreation Centre in Melbourne’s east collapsed, builder ADCO has filed a suit seeking millions in damages from the local council, alleging it provided a defective design which made collapse “inevitable”.
Construction PRO
Builder Leda Constructions has lost its bid for injunctions that would prevent the principal in a $4 million building contract from calling on two bank guarantees worth $101,553 each.