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A judge has found Max Twigg must compensate his mother and several family companies after selling bonds traceable to misappropriated funds, saying he and his company “misled the court” by not disclosing the sale.
Active Super ordered to pay $10.5M penalty for greenwashing
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The trustee for Active Super has been ordered to pay a $10.5 million penalty for misleading members about its investments in gambling, oil tar sands and Russian companies.
$3.7M error in Main Beach complex spat shows failure to consider evidence: court
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A judge has found a $3.7 million error by an adjudicator in a dispute over a $43 million payment claim for work on an apartment complex in Queensland’s Main Beach showed a failure to properly consider the evidence and submissions.
Ultiqa resort owners win OK to appoint trustee for property sale
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Timeshare owners in the Ultiqa resort in Port Macquarie, NSW have won court approval to sell the property, following complaints by members that there were no prospects of exiting the holiday scheme.
Home building law enlivened by repudiation claim, WA tribunal finds
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A Western Australian couple will have their dispute with Thompson Sustainable Homes heard by a tribunal, after the builder’s jurisdictional objection to the operation of the Home Building Contract Act was tossed.
Acciona’s renewable unit secures $453M green loan for Aldoga solar plant
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Acciona’s renewable energy subsidiary Energía has closed a $453 million syndicated loan for the Aldoga solar farm project in Queensland, with the backing of Spanish export credit agency Cesce.
Melbourne builder Buildqa hit with criminal charges
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Save (0) Please login to bookmark Close Username or Email Address Password Remember Me The Victorian Building Authority has filed criminal charges against Melbourne builder Buildqa for allegedly exceeding its building permit for two three-storey townhouses and garages and failing to comply with a stop work order. The VBA alleges Buildqa and its sole company…
Energy Vault picks up Enervest’s Stoney Creek BESS
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Energy Vault has acquired the 125 MW/1,000 MWh Stoney Creek battery energy storage system from project developer Enervest Group.
CFMEU, Setka face potential class action over member ‘blacklist’
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A Canberra-based law firm is investigating a class action against the Victorian branch of the CFMEU’s construction division alleging the union blacklisted hundreds of members.
Linktree hits back at pregnancy discrimination suit
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‘Link in bio’ social media company Linktree has denied it discriminated against a former exec for her pregnancies, saying she was fired for unauthorised access to “a significant number of highly confidential and sensitive documents”.