Former directors of Steller Developments have told a court they did not intend to guarantee the company’s debt in the event of bankruptcy, as trial kicked off in proceedings by the collapsed Melbourne developer’s liquidators.
The High Court has agreed to weigh in on when uncommon use of land amounts to a nuisance in a class action by small business owners over Sydney’s light rail construction.
A tribunal has refused to order a contractor to remove external sunscreens on Meriton’s 70-storey Infinity Tower in the Brisbane CBD, despite finding they were made of combustible aluminum composite panels.
CityLink operator CML has been overcharging Eastlink operator ConnectEast for ‘roaming fees’ in an arrangement that allows customers to use one account over both toll roads, a court has found.
Crown has sued Lendlease and a host of other companies that signed off on the use of combustible cladding on the façade of the Metropol in Southbank, which it says resulted in two years of expensive rectification work.
Callide Energy has failed in a courtroom bid to block the sale its partner’s interest in the joint venture for the construction and operation of Queensland’s Callide power station.
Commercial property firm DTZ Worldwide has lost its bid for $243 million in damages related to its acquisition of United Group from UGL Limited over United’s alleged failure to disclose that a key contract was “loss-making”.
Singapore real estate asset manager CapitaLand is still looking for an executive accused of stealing $2.7 million, eight months after securing freezing orders against him, a court has heard.
A judge has recused himself on the eve of trial from hearing a dispute between United Petroleum and Perth Airport over a lease and construction agreement, after revealing he had a relationship with one of the petrol chain’s witnesses.
A judge has rejected an “ambitious and novel” freezing order sought by a creditor and former associate of bankrupt Graaf Group founder Gennaro Autore over a $22 million boutique hotel in Potts Point.