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Property developer and former director of collapsed Keystone Asset Management Paul Chiodo wants his suit against Keystone’s liquidators managed alongside their case against the owner of City Built.
Corrs, Hamilton Locke advise on Whiteoak’s acquisition of Arcadia
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Private equity firm Whiteoak has acquired architectural facade supplier Arcadia Consolidated, supporting the company as it implements an accelerated growth plan.
Australian Crawl founders in trade mark fight with ex-drummer
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The founders of rock band Australian Crawl have taken their former drummer to court, alleging he registered the band’s trade marks without consulting them.
ASIC can pursue case against retailer Snaffle over ‘inflated’ prices
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The Australian Securities and Investments Commission has been given the green light to pursue a consumer case alleging defunct online retailer Snaffle charged consumers inflated prices.
Counsel fee rate guide ‘hopelessly outdated’, judge says
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A judge has remarked that the counsel fee rate guide is now 13 years out of date and no longer serves its purpose, in a ruling ordering $1.5 million in costs against Golden Eagle Property Group.
Vena Group signs $200M battery storage deal with InCommodities
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Singapore renewables company Vena Group has signed a $200 million long-term battery storage agreement with Danish energy trading company InCommodities for the Bellambi Heights battery energy storage system in central west New South Wales.
Judge OKs invasive testing in $7M row over ‘defective’ Sydney tennis courts
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A judge has allowed an engineer to conduct invasive testing on 16 tennis courts in Western Sydney which a local council claims need to be replaced due to defects.
BGC tells court it ‘can’t keep up’ with burst Iplex pipe repairs
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In a case over alleged faulty plumbing pipes produced by Fletcher Building’s Iplex, BGC told a court Friday it had been overwhelmed by calls for repairs to the 7,000 Perth homes fitted with the pipes.
Rawcorp can’t block recourse to security in fight over $25.5M development
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A developer can have recourse to $740,000 in security following building delays, with a judge finding that its contract with Rawcorp for the construction of a Coolangatta apartment complex created an unfettered right to call on the security.
Forum Finance director banned by ASIC for maximum period
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Forum Finance director Vince Tesoriero has been banned from managing companies for five years due to his involvement in the failure of 20 companies, including Forum, through which he and partner Bill Papas defrauded Westpac out of $400 million.