A judge has stayed a case brought by Hyundai to enforce a $7.9 million arbitration award against Alfasi Steel related to the delayed construction of Sydney’s International Conference Centre until a challenge to the award in Singapore’s High Court concludes.
Provident receivers may face objections over PwC merger
The judge overseeing the administration of Provident Capital has invited debenture holders to object to the company’s receivers staying on after their firm completes its merger with PricewaterhouseCoopers, Provident’s former auditor which has also been named as a cross-defendant in two class actions over Provident’s collapse.