In the latest chapter of a feud between billionaires Fritz Kundrun and Hans Mende, the co-founders of global commodities firm AMCI, a court has found the sacking of the group’s Australian managing director was invalid.
Sydney developer Tiptell has won its bid to exit a combustible cladding class action against 3A Composites and Halifax to bring its own claim for $15 million.
Builder Growthbuilt has struck back in a $91.7 million lawsuit over the Oxford & Foley mixed use development in Darlinghurst, Sydney, claiming the project’s financier failed to act in good faith and pointing the finger at its subcontractors.
Lander & Rogers has welcomed an administrative law pro as a partner in its Sydney-based commercial disputes team.
An entity associated with James Crawford, the director of defunct Sydney builder Quasar Constructions, has been ordered to disclose all of its assets to the company’s liquidators as they look to track down funds from the sale of properties.
A lease granted to developer Quarry Street over the site of the abandoned Paddington Bowling Club did not constitute use of the land under Aboriginal land rights legislation, a High Court majority has found.
Builder Icon has taken insurers Chubb and Mitsui Sumimoto to court, arguing it is entitled to claim $21 million for the costs of rectifying Sydney’s Opal Tower development.
A judge has struck out builder CPB Contractor’s “clearly untenable” claim against Transport for NSW for $63 million in delay costs for work on the Pacific Highway upgrade.
Mirvac has entered into a joint venture with Japanese developer Mitsubishi Estate to deliver a mixed-use precinct in Sydney’s Darling Harbour, estimated to have an end value of over $2 billion.
A court has ordered the de facto director of failed construction company Trinco to pay its liquidator $10 million, finding that the builder had been trading while insolvent since 2018.