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Construction PRO
A judge has declined a creditor’s bid to wind up Victorian builder Roberts Construction Group, finding that the application relied on a “very modest” debt and involved a solicitor’s email “cast in threatening terms”.
Construction PRO
Sydney pub baron Jon Adgemis has been declared bankrupt and his properties have been sequestered, with the Federal Court finding the former KPMG partner owes $1.8 billion to creditors.
Construction PRO
St Hilliers unit Thornton Operations has won court approval for a $450 million plan to develop a mixed-use precinct that includes 526 homes, after reaching an agreement with the local council.
Construction PRO
Engineering firm GHD Australia is the latest company to be pulled into a class action over a bus crash in NSW's Hunter Valley that killed 10 passengers, a court has heard.
Construction PRO
The trustee for shareholders that want to retain their Dexus-managed stake in Australia Pacific Airports Corporation can't be separately represented from the selling group, a judge has ruled in a case that pits APAC's investors against each other.
Another company is being pulled into a class action over a fatal bus crash in NSW's Hunter Valley, with infrastructure consulting firm AECOM planning a cross-claim against engineering firm GHD Australia.
A judge has questioned whether an investor in failed Banksia Securities can bring a case against a court-appointed receiver over his support for a class action settlement later found to involve deception by a team of lawyers.
Telstra has been ordered to pay $18 million in ACCC proceedings, after a court found the telco misled thousands of broadband customers about the speed of its budget internet provider Belong.
Mayfield Developments has argued the High Court should overturn a finding that NSW Ports was protected by derivative Crown immunity in entering allegedly uncompetitive agreements to privatise two ports, saying the decision could have “startling” consequences such as allowing the state to devise cartel arrangements.
Construction PRO
Air conditioning wholesaler Polyaire has been ordered to pay $15.2 million in damages in relation to a 2018 fire at a Seven Hills, NSW, factory complex it leased caused by its placement of wooden pallets in a open yard.