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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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Sharvain administrator calls for extra time after $3M win against Roberts Co
Restructuring & Insolvency 2025-06-18 11:23 pm By Christine Caulfield

The deadline looms for a creditors’ meeting to decide the future of collapsed building company Sharvain Façades, but its administrator wants a court to stop the clock, concerned a vote for liquidation will thwart recovery of $3.2 million from Roberts Co.

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Construction PRO
‘On death row’: Roberts Co Victoria fights creditor’s winding up bid
Restructuring & Insolvency 2025-06-17 2:41 pm By Cindy Cameronne

Collapsed Roberts Co Victoria will oppose a creditor’s bid for an extension in a case seeking to wind up the construction company, claiming it is “effectively on death row” and suffering reputational damage.

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Settlement sum in Exactech class action revealed
Product Liability 2025-06-11 11:54 pm By Christine Caulfield

Medical device maker Exactech will pay $8.7 million to end a class action that alleges its joint replacement implants were defective. 

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Construction PRO
Suitors pursue Fletcher Building’s construction business
Construction 2025-06-11 11:32 pm By Cat Fredenburgh

Fletcher Building has confirmed it has received inquiries from prospective buyers of its businesses, including its construction division.

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Forge liquidators near settlement in insider trading case against Clough, ex-directors
Restructuring & Insolvency 2025-06-04 11:44 pm By Cat Fredenburgh

Liquidators of collapsed Forge Group are close to settling their insider trading case against engineering and construction company Clough and former directors, a court has heard on what was to be the first day of trial.

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Roberts Co owes creditors $100M, as founder floats possible DOCA
Construction 2025-06-03 11:53 pm By Christine Caulfield

Construction group Roberts Co owes unsecured creditors almost $100 million, a court has been told as administrators secure more time for the builder’s founder to pitch a restructuring deal.

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Exactech settles class action over alleged faulty implants
Settlement 2025-05-30 11:29 pm By Julia Kanapathippillai

Medical device maker Exactech has reached a settlement in a class action over alleged defective implants, following the US company’s bankruptcy.

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Construction PRO
Quasar Constructions director sold $24M in properties before company’s collapse, court told
Construction 2025-06-02 11:13 pm By Andy Sidler

A judge has said that asset preservation orders are likely warranted against the former head of collapsed builder Quasar Constructions, after its liquidator revealed he sold $24 million in property interests shortly before the company went under, but found he did not have power to make the orders. 

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