Contracts

A group of investors have won a dispute against a Newcastle-based company over a foreclosure on a mortgage in relation to a Gold Coast which did not proceed. 

Former Keybridge CEO Nicholas Bolton, who was voted out in a board spill earlier this year, has lost his bid to bring a derivative suit against director Frank Catalano over a failed bid to acquire a rural publisher previously owned by Nine. 

Blooms the Chemist can't overturn a decision from the Pharmacy Council of NSW blocking the registration of a chemist, with a judge finding there was no evidence Blooms would not have a financial interest in the business.

Property group Catalyst has won $31.7 million from a trustee corporation of the Presbyterian Church of Queensland over a suite of scuppered transactions for land and aged care homes.

Engineer Monadelphous has lost a fight that will affect its ability to run a limitations defence in a suit over alleged defects in a sewage plant upgrade on the Sunshine Coast.

Builder Shinetec has argued $48 million paid to the developer of a $185 million project in Sydney by Bank of China under a standby letter of credit was money it lent to the collapsed developer, with a judge seeming to agree the sum would otherwise be a windfall.

The developers of an industrial-chic Melbourne apartment building have won a fight against the building's owners corporation over a lease that allowed Vodafone to store telecommunications equipment on the roof.

Canberra builder Geocon has brought a lawsuit against the developers of the Aspen and Establishment apartment buildings in Canberra, claiming it is owed $4 million in construction payments.

Air conditioning wholesaler Polyaire has been ordered to pay $15.2 million in damages in relation to a 2018 fire at a Seven Hills, NSW, factory complex it leased caused by its placement of wooden pallets in a open yard.

A judge has clarified a warning he made to refer lawyers for Alvarez & Marsal to the legal watchdog after hearing of the hefty costs of complying with discovery orders won by rival EY, saying the threat wasn't directed at counsel.