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Construction PRO
The parents of Luxcon boss Ilya Melnikoff have failed to convince a judge they should not have to pay back a mortgage and guarantee to lenders who gave their son's companies a $13.9 million advance to buy property in Byron Bay and a $3.8 million tax-related loan.
The Western Australian premier has started talks with federal government on a bilateral agreement to put an end to duplicative environmental approvals.
Pathology services provider Australian Clinical Labs has been hit with a class action over a 2022 data breach that compromised the sensitive personal information of 223,000 customers of its Medlab business, including tests for fertility and STDs.
A court has approved a settlement in a class action by owners against the developer of a Brisbane condominuim, which claimed off-the-plan contracts were wrongly terminated when neighbouring property values soared.
Construction PRO
A settlement has been approved in a class action against a unit of Dennis Corporation, which was accused of wrongly terminating off-the-plan contracts when local property values jumped.
The Victorian Supreme Court has rejected a bid by gold sellers Sun Capital Investments and Australian Gold Capital to stop Westpac from closing its bank accounts, finding there was no serious question to be tried.
Construction PRO
Builder Watpac has lost its bid for a separate hearing on whether a guarantee provided to the developer of Sydney's One Central Park is time-barred, with a judge saying the question should wait until $180 million in defects claims are determined.
Former silk Norman O’Bryan argued Thursday for no prison time after pleading guilty in a criminal case over his role in the Banksia Securities class action. And he could win the argument, with a judge saying she was considering a community service sentence.
Construction PRO
A Toorak developer has been barred from calling on nearly $500,000 in security, with a court finding an allegation against contractor Kronstruct was “irrational and misconceived" and did not result in the alleged $1.6 million loss.
Construction PRO
A former client of a Sydney law firm has lost his bid to up a $300,000 damages award against the firm over a defective notice in a proposed $7.8 million land sale.