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Builder has no separate right to compensation for Brisbane rail land grab, court says
A Queensland construction company that bought land following its resumption by a state government agency is not entitled to be compensated for the land grab, a court has found.
ASIC holds no ‘special position’ when it comes to indemnity costs for doomed cases: judge
The corporate regulator should not be immune from the risk of special costs for actions doomed to fail, says a judge who flayed ASIC last month for bringing a case against TerraCom directors it should have known was a dud.
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Vansan Construction boss asks court to set aside $2M default judgment for developer
The CEO of embattled Melbourne builder Vansan Construction is fighting a $2 million default judgment for SK Developments, saying he was given no opportunity to defend himself.
NAB hit with $15.5M penalty for mishandling financial hardship requests
National Australia Bank and its home loan lender subsidiary have been ordered to pay a $15.5 million penalty after admitting to mishandling hundreds of customer hardship applications.
Construction PRO
Perth developer can’t add Fairfax conspiracy claim to defamation case
A prominent Perth property developer who claims he was defamed by two WAToday articles has lost his bid to plead the existence of a conspiracy between publisher Fairfax and others, including Liberal MP Andrew Hastie and the former leader of the WA Liberals.
Construction PRO
HWL Ebsworth loses fight over referees in developer’s $130M negligence case
Law firm HWL Ebsworth, which was found liable for negligence over advice on a Parramatta land development, has lost its opposition to a referee process for calculating damages.
Construction PRO
Parkview wants chance to settle second Australia Towers cladding case
Parkview Constructions is looking to settle a second case over alleged combustible cladding at Australia Towers in Sydney Olympic Park.
Construction PRO
Developer Goldfields acquires Sorrento Beach resort for $30M
Developer Goldfields Group has purchased the Quality Resort in Western Australia's Sorrento Beach in a $31 million off-market sale.
Construction PRO
Santos wins $690M against Fluor over Gladstone LNG project
Energy giant Santos has won a dispute over its Gladstone LNG project, described by a court as "litigation on a monumental scale", securing a $692 million judgment against engineering firm Fluor with the help of four silks.
IVF provider Genea faces class action investigation over data breach
Fertility services provider Genea is facing a class action investigation over a data breach that led to sensitive patient information being published on the dark web.