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Contingent nature of deal with law firm no excuse for liquidator’s late approval bid: court
Restructuring & Insolvency 2024-01-30 11:28 pm By Cindy Cameronne

A judge has refused to retroactively approve a conditional costs agreement between a liquidator and a Sydney law firm to pursue claims against a former director and employee of defunct project management firm AJW, rejecting as misconceived the claim that approval had utility only after a settlement.

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Class action filed over Victoria’s public housing demolition plan
Class Actions 2024-01-25 4:01 pm By Christine Caulfield

The Victorian government faces a class action over its decision to redevelop Melbourne’s high-rise public housing towers, with lawyers for residents calling on the state to reconsider the plan.

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Canberra developers can’t muzzle ASIC over disqualification
Real Estate 2024-01-25 10:24 pm By Cindy Cameronne

Two former directors of a Canberra property development group have lost their bid to bar ASIC from announcing their disqualification, with a tribunal finding this would keep financiers and creditors “in the dark” and make the market less transparent.

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Thiess dodges lawsuit over $54M contract for Wheatstone natural gas project
Energy & Natural Resources 2024-01-23 2:38 pm By Cindy Cameronne

Thiess has defeated a lawsuit by a rock supplier seeking $9.3 million in damages for alleged delays by the mining services giant in receiving materials for work on Chevron’s Wheatstone natural gas hub. 

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K&L Gates recruits real estate pro from McInnes Wilson
Business of Law 2024-01-18 3:40 pm By Sam Matthews

Global law firm K&L Gates has lured the head of McInnes Wilson’s construction and infrastructure group  to join its growing team in Brisbane.

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RMIT Village developer loses appeal in case clarifying Victoria’s domestic building law
Construction 2024-01-15 2:26 pm By Cindy Cameronne

Developer Centurion Australia Investments has lost an appeal in a dispute with builder APM Group in which it argued that its RMIT Village student accommodation falls under laws applying to domestic buildings. 

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Sinking homes class action lodged against developer Green Capital, council
Class Actions 2024-01-12 11:17 pm By Cindy Cameronne

Property developer Green Capital and Lake Macquarie City council are facing a class action seeking compensation for homeowners in a Newcastle suburb over properties that are allegedly sinking into the ground and have been “injuriously affected in value”. 

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Fletcher Building says some NZ claims barred from shareholder class action
Securities 2024-01-09 10:15 pm By Cindy Cameronne

New Zealand construction giant Fletcher Building has hit back at a shareholder class action over allegedly misleading forecasts for the 2017 financial year, saying some of the claims under New Zealand law were brought out of time.

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Acciona wins $10M spat with EnerMech over WestConnex contract
Construction 2023-12-18 5:25 pm By Sam Matthews

Acciona has prevailed in a fight with subcontractor EnerMech over a $10 million progress payment, which a judge found was instead an attempt by EnerMech to claim a credit in relation to security paid to Acciona.

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Grocon’s back-atcha argument on privilege fails in Barangaroo spat with Infrastructure NSW
Construction 2023-12-14 4:24 pm By Sam Matthews

Grocon has lost yet another argument over documents in its lawsuit against Infrastructure NSW over a stalled $2 billion Central Barangaroo development project, with a judge rejecting its bid to access material over which the government agency claimed privilege and public interest immunity. 

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