An appeals court has tossed a challenge by construction firm Builtcom to an adjudication that slashed a $30 million payment claim against developer VSD Investments by $21 million, saying mere legal error was not enough.
The High Court has rebuffed the CFMEU’s constitutional challenge to legislation used to facilitate its takeover by the federal government, rejecting an argument that the laws amounted to an unjust acquisition of the union’s property.
CityLink operator CML, which was found to have overcharged Eastlink operator ConnectEast, has argued that it also overpaid and is entitled to damages, but ConnectEast has told a judge the claim is time-barred and doesn’t fall within a cross-claim exception.
The deadline looms for a creditors’ meeting to decide the future of collapsed building company Sharvain Façades, but its administrator wants a court to stop the clock, concerned a vote for liquidation will thwart recovery of $3.2 million from Roberts Co.
The 12-storey corner office block overlooking the Victorian Supreme Court, which has housed Douglas Menzies Chambers since 1992, has been sold for a reported $23 million, with its barristers moving down the street.
The owners of the Blues Point Tower in the Sydney harbourside suburb of McMahons Point must cough up additional payments to builder Buildcorp after it undertook remediation work on the heritage-listed tower.
Collapsed Roberts Co Victoria will oppose a creditor’s bid for an extension in a case seeking to wind up the construction company, claiming it is “effectively on death row” and suffering reputational damage.
Global investment firm KKR has signed a deal to acquire renewable energy producer Zenith Energy, which provides services for Australia’s off-grid mining industry.
An activist group has launched a legal challenge to Woodside’s proposed North West Shelf gas venture extension to 2070, seeking judicial review of Western Australia’s approval decision.
The Australian Renewable Energy Agency has invested $19.8 million in a joint venture between BlueScope, BHP, Rio Tinto, Woodside and Mitsui Iron Ore Development to develop a decarbonised steel facility.