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Builder Alta Vale can run $9.6M case with backing of collapsed TC Build
Restructuring & Insolvency 2025-07-25 11:05 pm By Cat Fredenburgh

A court has approved a deal under which collapsed TC Build Group will be joined as a plaintiff in action by construction company Alta Vale Residential to claw back $9.6 million allegedly owing for work on various projects.

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Construction PRO
Court stays exec’s $8.5M suit against collapsed WA solar farm
Energy & Natural Resources 2025-07-23 11:56 pm By Andy Sidler

A court has permanently stayed a case by a founding director of solar developer Sun Bred, saying that if the company was forced to defend the suit, there would be less than $71,000 left to meet the exec’s $8.5 million claim. 

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Construction PRO
Dyldam directors on hook for $50M in case over alleged misuse of funds
Restructuring & Insolvency 2025-07-22 10:49 am By Cindy Cameronne

Dyldam Developments’ former boss Sam Fayad and his two sons have been ordered to pay over $50 million in a case by the liquidator of a special purpose vehicle claiming company funds were misused.

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Sanjeev Gupta companies ordered to lodge missing annual reports
ASIC 2025-07-21 11:46 pm By Christine Caulfield

Companies in the steel empire of billionaire Sanjeev Gupta have been ordered to lodge outstanding annual financial reports after the corporate regulator brought court action.

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Construction PRO
Atlantic Nickel can’t dodge new version of mining company’s $1B case
M&A 2025-07-18 11:51 pm By Christine Caulfield

Atlantic Nickel has lost a challenge to further amendments to a case by failed suitor Mining Services International that alleges it lost the opportunity to purchase a Brazilian mine now valued at over $1 billion.

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Construction PRO
Builder banned for five years after leaving 300 creditors out $94M
Construction 2025-07-18 11:48 pm By Julia Kanapathippillai

A former director of three construction companies that collapsed with debts of almost $94 million has been banned by the corporate watchdog from managing corporations for five years.

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Uncertainty for $500M waste-to-energy plant as ACCC frowns on Acciona bid
Energy & Natural Resources 2025-07-17 11:45 pm By Cindy Cameronne

Receivers for the troubled $500 million East Rockingham waste-to-energy project may have to explore other options after the ACCC expressed competition concerns about Acciona’s bid to acquire the project in Western Australia.

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Appeals court clarifies when it is a crime to prevent payout of employee wages
Employment 2025-07-15 11:55 pm By Cindy Cameronne

An appeals court has held that directors cannot be found guilty of unlawfully making a deal to prevent employees from receiving their entitlements if they believe they could be paid out under the Fair Entitlements Guarantee scheme.

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Construction PRO
Construction company fights new creditor on winding up application
Restructuring & Insolvency 2025-07-15 11:48 pm By Sam Matthews

Collapsed Roberts Co Victoria is fighting a bid by a creditor it says should not be allowed to “come out of the woodwork” and take over the winding up application of a company that has since been deregistered.

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Construction insolvencies jump 20 per cent: report
Construction 2025-07-15 11:56 pm By Andy Sidler

Administrator appointments for construction companies leaped 20 per cent in the latest financial year, according to data released by the corporate regulator.  

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