Victoria

The CEO of Melbourne builder Vansan Construction has persuaded a court to quash a $2 million default judgment won by SK Developments.

Plumbing company Flowmotion has brought a court application seeking the OK to pursue a payment claim against the Victorian unit of builder Roberts Co, which entered administration five months ago.

German investment firm Aurelius can add new claims in a dispute with explosives company Orica over a $180 million acquisition, but a judge has called out solicitors for both sides for filing material of “inordinate length” on an application concerning well-established law. 

A court has rejected a bid by a Hazelwood power plant contractor to pursue an offsetting claim for an alleged breach of confidentiality in response to a $1.7 million demand from a subcontractor.

The state of Victoria has launched an inquiry into the risks associated with decommissioning the state’s oil and gas infrastructure to ensure that energy companies meet their obligations. 

After more than a year on ice, two class actions against age care facilities over COVID-19 outbreaks are set to resume late this year, following a month-long criminal trial that kicks off next week. 

The federal government has given Lendlease the final green light for a three-tower residential development on land adjacent to the Queen Victoria Market after almost a decade of planning. 

Real estate investor Mapletree Logistics Trust has sold its logistics facility in Victoria's Wodonga  for $60 million, saying the hub was no longer in line with its investment strategy.

Gateway Capital has acquired a warehouse in Sydney's Eastern Creek from private equity firm Blackstone for $75 million as part its plan to build a $800 million industrial and logistics portfolio.

A judge has declined to order security in developer Gilridge Investments’ payment claim fight with Diamond Builders over a $5.3 million apartment project, saying the builder failed to show the penniless developer would not be able to cover its costs after completing the troubled project.