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Construction PRO
A director of collapsed builder Shangri-La Construction who was found personally liable for $3.2 million in rectification costs for combustible cladding in a Melbourne apartment complex has failed to pass on his costs to his insurers.
A court has ordered Macquarie Securities to pay an agreed $35 million penalty after finding that “serious deficiencies" in its reporting systems resulted in repeated failures to accurately report short sales.
The liquidators of an unregistered managed investment scheme run by convicted fraudster Chris Marco have fended off a summary dismissal application by investors, with a judge finding that it was not so obvious that they would be entitled to a good faith defence to warrant tossing the case.
Real estate data company BCI has slammed US analytics company CoreLogic’s "desperate" objection to a second data set in their data scraping fight, saying it's an attempt to cut off one mode of proving loss.
Construction PRO
An appeals court ruling has confirmed that non-contracting owners must prove their own loss to claim defect damages under warranties in the Domestic Building Contracts Act.
Construction PRO
The operator of Sydney's InterContinental Hotel, which is challenging approval of a development in Macquarie Street, can't rely in its case on an engineering report showing the alleged threat to the structural integrity of a hotel driveway.
A member of a wealthy shipping dynasty and former INXS manager Maria-Christina Perez de la Sala must go back to the drawing board in her case staking a claim to her father’s estate, after a court struck out most of her case.
Athleticwear giant Lululemon has been hit with a $700,00 penalty for sending close to 400,000 emails that had both a commercial and promotional purpose but that did not include an unsubscribe link.
Construction PRO
An activist group has amended its challenge to Woodside's North West Shelf gas project to allege the Environment Minister delayed publishing his reasons for approving the project in order to limit challenges, with the court hearing the dispute will likely wind up at the High Court.
Construction PRO
The ACT's Territory Planning Authority can appeal a decision approving a $330 million, 691-unit development at the Gold Creek Country Club.