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A former EY partner has lost his appeal in a fight with National Tiles over an alleged $1 million lost opportunity to acquire shares, despite the court finding the tiling retailer breached the cooperation terms of the agreement.
A class action against developer Mulpha Norwest and the Penrith City Council over a 683-lot development in Glenmore Park will include secondary and tertiary purchasers, a court has heard.
Construction PRO
Heads may roll after a court on Friday rejected the evidence of key Dexus employees at trial over a breach of APAC's shareholder deed, in a ruling that revealed some insiders suspected the "embarassing blunder" would come back to bite.
Construction PRO
Contractor Civil & Civic Corporation has lost an appeal against construction firm Nova Builders over an alleged mistaken payment for work done on a lakeside townhouse development in Canberra.
Construction PRO
'Carpark King' Damian Lester has failed to persuade the Federal Court to stop law firm ERA Legal from representing lenders that he alleges engaged in unconscionable conduct over a $66.7 loan.
The former chief operating officer of mowing franchise Jim's Group has won court approval to tweak claims in a lawsuit alleging he was sacked for reporting financial irregularities and potential fraud.
Construction PRO
Melbourne builder Cobild has filed a lawsuit against a developer arguing it must return a $497,000 bank guarantee under a contract to build a $50 million office complex.
Construction PRO
An appeals court has mostly rejected the claims of a former Colliers director who says he lost out on purchasing a more expensive property in the affluent Sydney suburb of Paddington due to commissions his former employer failed to pay.
Construction PRO
United Petroleum has won its case against the operator of Perth Airport claiming it was induced to enter a $900,000 lease and construction agreement with promises of redevelopment at the site, which is now in doubt.
Construction PRO
A Sydney developer has lost its challenge to a ruling over a deed granting it an option to purchase a Marsden Park property, with an appeals court finding it altered its case on appeal.