A stay of a $37 million 2023 judgment in favour of the company behind an abandoned $185 million development in Gosford NSW against the Australian arm of China’s Shanxi Construction Investment Group has been extended.
Lender WholeCap has lost its bid for a “break fee” and $430,000 in legal costs billed by King & Wood Mallesons associated with a term sheet for a proposed $66.1 million loan to a Harbour Land entity.
King & Wood Mallesons has advised Transgrid on a project to connect the country’s first renewable energy zone to NSW’s energy grid.
A court has clarified that BaptistCare Community Housing can use a social housing property in Five Dock to secure a loan from Housing Australia for improvements at the site.
Allens has advised Spark Renewables on a successful bid for access rights for its Dinawan Energy hub project.
Real estate investment firms Dexus and Ho-Group have convinced the valuer general of NSW to knock roughly $26 million off its initial valuation of a Sydney office sold by Ho-Group last year that was used in a land tax assessment.
Directors of a family-run construction company that caused a landslide resulting in a couple’s NSW Central Coast home being “effectively worthless” has been ordered to pay over $2 million dollars.
Logistics company Qube wants the High Court to clarify the scope of an adjudicator’s role in determining a contractor’s payment claims under the SOP Act.
Facing a US antitrust suit by Glencore, global agribusiness Louis Dreyfus BV has won its bid to examine Sydney resident Mark Allen, a former Glencore trader and current CEO of agri-finance firm Thera Capital.
Developer Australia YMCI has reached an agreement with Parramatta on its application for remediation works at its $5B Ovation Quarter residential complex at Sydney Olympic Park.