Developer VSD Investments has lost an argument for withholding an $8.5 million payment claim from the builder of a 30-storey project in Sydney’s inner west pending the construction company’s appeal.
Engineering firm Monadelphous will acquire a Perth-based provider of high-voltages services for $21.5 million.
A judge has dispensed with court rules to allow shopfitter Ramvek to bring a non-compliant summary judgment application against a builder in a payment dispute, saying strict compliance with the rules was at odds with the procedure and policy of the SOPA.
Building materials giant James Hardie has promised it won’t seek foreign exempt listing status and will not de-list from the ASX without the green light from shareholders, following backlash to its $14 billion merger with US home decking provider AZEK.
A South Australian wind farm developer has lost its appeal of ruling ordering it to make a $21 million progress payment to joint venture partners GE Renewable Energy and Elecnor.
The owner of the Callide power station in Queensland, IG Power, has won court approval for a recapitalisation that will see major shareholder Sev.en inject millions to cover its debts.
Australian gold miner Alkane has entered a merger agreement with Canada’s Mandalay to create a diversified gold and antimony producer with three operating mines.
Self-storage investor National Storage REIT has acquired a stake in rival Abacus Storage Kings, which is currently mulling a $1.9 billion takeover offer from a rival.
The owner of the Seasons of Perth Hotel seeks want to quash a review determination of an adjudicator’s decision in its dispute with hotel construction company Reward Group over performance bonds for work on the hotel.
The High Court has been asked to weigh in on when a court should step in when the machinery governing the entitlement to payments in a contract breaks down, in a dispute between luxury home builder Glenvill and Amcor over asbestos remediation at an industrial site in the Melbourne suburb of Alphington.