A settlement has been reached in a class action on behalf of people who purchased off-the-plan homes in the Clydesdale Estate in north-west Sydney.
West Gate Tunnel builders CPB Contractors and John Holland say engineer Aurecon Australasia should be on the hook for $359 million in damages for alleged design errors in Victoria’s West Tunnel project, a court has heard.
Dexus faces allegations it breached a shareholder deed in selling a stake in the privately-owned Asia Pacific Airport Corporation, which operates Melbourne and Launceston Airports.
Liquidators of collapsed builder Privium have won extra time to pursue potential proceedings over a number of suspicious transactions, which include unexplained payments to companies associated with a director.
Administrators of construction company Roberts Co Victoria, which owes $272 million to 470 creditors, are justified in treating funds as if held on trust for subcontractors on six projects in Melbourne, a judge has found.
A geological consultant for gold mining company Beacon Minerals has pleaded guilty to insider trading, while a former project manager for the company maintains he is not guilty.
Deakin University is suing builder Hanson Yuncken seeking $14.3 million for alleged defects on a building at its Burwood campus.
The head company in the Roberts Co construction group has gone into administration after its NSW arm was sold off to UAE-based developer Arada earlier this month.
Lendlease has confirmed it is joint venture talks with the British Monarch’s land and property management company to develop a portfolio of projects in the UK.
A judge has vacated a hearing in Energy Resources’ lawsuit challenging a decision not to renew its lease for the Jabiluka uranium mine in the Northern Territory after hearing there were “good prospects” the case could be resolved.