An investment company which retained Hall & Wilcox to advise on the sale of a Mornington Peninsula shopping centre has sued the law firm for millions, alleging due diligence failures in relation to asbestos at the property.
The lead plaintiffs in a class action over the compulsory acquisition of land for the WestConnex road project will press on with a bid to discontinue the case, telling a judge they have exhausted all options for funding.
A Sydney developer has successfully challenged a decision which rejected its plans to demolish a 32-room boarding house for the construction of four luxury residences in Paddington, with a judge calling the decision “personal and idiosyncratic”.
Northwest Rail Link builders CPB Contractors and John Holland are pushing back against a bid by several insurers to join joint venture partners MTR and UGL to a coverage spat over a $100 million policy.
The NSW Court of Appeal has dismissed an appeal launched by a Canberra warehouse owner, which sought over $5.3 million from the previous owner for the cost of replacing a concrete slab.
A court has ordered Queensland builder ADLU to provide security in its dispute with engineering contractor Ertech, finding that its self-imposed “hibernation” disguised a practical impecuniosity.
ADCO Constructions did not agree to guarantee work done by its subsidiary on the Kew Recreation Centre, a court has found, limiting Boroondara City Council’s options following a roof collapse.
Fletcher Building Group unit Iplex has lost its bid to save its parent company from being joined to a case brought by builder J-Corp over allegedly defective pipes.
A developer has failed to revive its $400 million lawsuit against an investor over a development at the site of the former Pentridge Prison in Victoria, with an appeals court agreeing the case was properly dismissed.
The developer of an apartment complex in Melbourne’s east can retain a $883,000 deposit from convicted fraudster Demetrios ‘James’ Charisiou’s real estate investment firm, which was found to have repudiated a contract over email.