Events

Developer Villawood has lost a bid to add its director’s three daughters to a lawsuit over an alleged "dishonest and fraudulent design” to divert valuable management fees for a development in Wallan, Victoria.

A judge has handed a builder a win in a dispute over a $16 million development in Double Bay, finding that the parties had made no agreement to withdraw a payment claim.

London City Equities has reached a settlement with listed firm Excelsior in a case alleging shareholder oppression over a decision to sell off a subsidiary for $101 million and not distribute the proceeds.

Keybridge Capital has filed a lawsuit against E&P Investments seeking $1.7 million in compensation over the allegedly unfair conversion of almost 40,000 URFPA units held in E&P’s New York real estate investment fund as part of a share buyback program. 

A developer has lost a $18 million dispute with the Victorian revenue office over duties for purchasing the Alphington Paper Mill, which it plans to develop into a new mini-suburb with 2,500 homes. 

University of Sydney staff members who claim a professor unlawfully “named and shamed” them as pro-Israel have lost their bid to continue their racial discrimination case as a class action, while the university has lost a summary dismissal bid in a similar case.

The developer of a 17-storey social housing in Greenborough, Victoria has filed a lawsuit against Melbourne developer Alpha14 Property Group seeking declarations that it has no interest in the property. 

Mining Services International is taking a $1 billion dispute over the terminated sale of a mine in Bahia to the High Court, after the receiver for Brazilian mining company Atlantic Nickel won a bid to stay the case.

ASIC has lodged an appeal of a ruling that tossed its conflicted remuneration case against Freedom Insurance's former boss and another executive over a sales incentive scheme.

A judge has tossed a developer's challenge to a NSW Heritage Council decision on a new residential development plan for the site of the former Kenmore Hospital in Goulburn, saying there was no decision to appeal.