The liquidators of collapsed developer FW Projects have filed action against former directors of the company, seeking to claw back debts of millions of dollars arising from alleged insolvent trading.
A judge has ordered the sales proceeds of Western Sydney properties linked to former Dyldam director Sam Fayad to be paid into court, saying there was an arguable case that the sales were intended to defraud creditors.
Retirement village operator Lifestyle Communities has secured a reprieve from a ruling that found its exit fee policy was unenforceable, but has said it won’t spend the funds it collects while the stay is in place.
The liquidators of iProsperity Group want Crown to repay $55 million in company funds they say were gambled away by the real estate funds manager’s directors.
NSW engineering firm Daracon Group has failed to overturn a state independent planning commission’s decision which rejected its plan to expand a hard rock quarry in the Hunter Region.
The co-owners of the Pacific Werribee shopping centre in Victoria are seeking to join collapsed builder Probuild’s primary insurer AIG and several excess insurers to their case over $356 million in alleged defects.
A number of contractors have been added by builder Hansen Yuncken to a $14.3 million dollar lawsuit by Deakin University over alleged building defects at its Burwood campus.
A court has ordered companies in billionaire Bob Ell’s Leda Group to pay a senior executive $178,000 for terminating his retainer without adequate notice, ending what the court heard was an abusive working relationship.
A decision this week from the International Court of Justice holding countries have an obligation to protect the climate from greenhouse emissions will open the door to innovative climate litigation, experts told Lawyerly.
A court has approved a deal under which collapsed TC Build Group will be joined as a plaintiff in action by construction company Alta Vale Residential to claw back $9.6 million allegedly owing for work on various projects.