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.
Rio Tinto has signed a $430 million partnership agreement with Japan’s Sumitomo Metal Mining Co. to fast track development of its copper-gold project in Western Australia’s Great Sandy Desert.
Collapsed clothing brand Jeanswest has nearly $26 million in lease liabilities on stores nationwide, but buyers may bite, administrators have told the Federal Court.
A judge has refused to stay a lease dispute between landlord Dexus and South Australia’s premium medical research centre in favour of a contractual dispute resolution mechanism, saying it would be “unjust” to deprive Dexus of a court hearing.