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Keystone’s $150M case against developers to continue despite possible charges
Restructuring & Insolvency 2025-06-24 11:42 pm By Andy Sidler

A judge has rejected bids by former Keystone director Paul Chiodo and developer Robert Filippini to stay a $150 million suit, citing investors’ interests as a “powerful” factor weighing against the stay.

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Rex administrators win more time to negotiate airline’s sale
Restructuring & Insolvency 2025-06-24 11:18 pm By Cindy Cameronne

A judge has approved a bid by administrators of Rex to delay the next creditors’ meeting to continue talks with several potential buyers of the regional airline.

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Developers want $150M case shut down amid ‘likely’ criminal charges
Restructuring & Insolvency 2025-06-23 11:50 pm By Andy Sidler

Property developers Paul Chiodo and Robert Filippini want to stay proceedings by Keystone’s receivers over $150 million allegedly laundered through City Built’s construction projects, citing “quite likely” criminal charges. 

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Sharvain Facades wins extra time for second creditor meeting
Construction 2025-06-23 11:19 pm By Christine Caulfield

Sharvain Façades has won extra time to convene a second creditors’ meeting to pursue a $3.28 million win against Roberts Co, but not based on the argument that SOPA says its liquidation would bar enforcement of the judgment.

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Keystone receivers settle case over Venice Marriott Hotel sale
Real Estate 2025-06-23 11:35 pm By Christine Caulfield

A dispute over a scuppered transaction between the director of collapsed Keystone and the owner of the Marriott Hotel in Venice has been settled.

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CFMEU challenge to administration fails at High Court
High Court 2025-06-18 11:49 pm By Sam Matthews

The High Court has rebuffed the CFMEU’s constitutional challenge to legislation used to facilitate its takeover by the federal government, rejecting an argument that the laws were enacted with the illegitimate aim of suppressing the union’s political activities.

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Hastie had no written costs agreement with Hall & Wilcox despite $17.8M bill, court told
Restructuring & Insolvency 2025-06-19 2:17 pm By Cindy Cameronne

Contesting $17.8 million in fees billed by law firm Hall & Wilcox, the liquidators of collapsed engineering firm Hastie Group have told a court there was no written costs agreement between the parties. 

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Judge questions Sharvain’s bid to delay creditor vote in pursuit of $3M from Roberts Co
Restructuring & Insolvency 2025-06-19 11:50 pm By Cindy Cameronne

A judge has raised concerns that if he grants orders sought by the administrators of collapsed builder Sharvain Facades to delay a creditors meeting, it will prioritise the interests of its creditors over those of Roberts Co.

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Liquidator of developer North Shore can’t rescind settlement over ‘uncommercial’ unit sales
Construction 2025-06-19 11:32 pm By Andy Sidler

A judge has found that the former liquidator of developer North Shore did not rely on an appraisal of a residential block in settling a dispute over the alleged uncommercial sale of four units in a Lane Cove development, despite finding it was likely not a genuine document. 

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KPMG settles class action over Cudeco’s collapse
Class Actions 2025-06-17 11:51 pm By Julia Kanapathippillai

Professional services giant KPMG has reached a settlement in a shareholder class action over the failure of mining company Cudeco.

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