Companies in Sanjeev Gupta’s steel empire, including the collapsed owner of Whyalla Steelworks, has been hit with action for allegedly failing to lodge annual reports with ASIC.
The administrators of Roberts Co have recommended that creditors accept a deal from founder Andrew Roberts that would see a cash contribution of $17.4 million to release Roberts and others from any claims.
A defunct sand importer has told a court that it was “strung along” by the Port of Authority of NSW over an agreement to build a multi-user facility in Glebe Island, alleging the government-owned corporation is liable for $300 million in damages for unconscionable conduct.
Childcare centre Bright Days is on the hook for a $1 million payment to builder ATG under an $11 million construction contract, after a judge rejected its argument that an adjudicator’s decision not to determine a payment application due to a perceived conflict of interest was a determination of the application.
In “mega-litigation” over allegedly defective anti-corrosive coating used on the $45 billion Ichthys natural gas project, a judge has handballed an issue raised by Japanese oil company Inpex about damages calculations back to a referee.
Real estate asset manager Dexus will cover the legal costs of shareholders whose stake in Australia Pacific Airports Corporation hangs in the balance, as it reveals a $55 million book value increase.
A real estate developer based in the Victorian town slated as the location for a waste-to-energy plant has lost its challenge to the proposed project.
An Acciona unit has sued Dual Australia, claiming the insurer is on the hook for $3 million in remediation for alleged design defects by a subcontractor on a Fulton Hogan quarry in Victoria.
Design firm HUB Interiors has sued the owner of Perth’s Eastpoint Plaza, alleging that its copyrighted office designs were passed on to other builders without its permission.
The engineers that provided design services for Victoria’s West Gate tunnel project have sued software provider Midas, alleging it used the wrong formula to calculate stiffness in bridge designs.