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Construction PRO
Corrs hires leading projects partner from Ashurst
Corrs Chambers Westgarth has hired a leading projects partner from Ashurst who has significant experience in advising companies on the energy transition.
Construction PRO
Lender wins suit over $39M financing for failed Hawthorn development
A judge has ruled that lender Monland can recover a $39 million debt against the director of a property developer whose Hawthorn project encountered “severe difficulties”.
Gadens brings on 8 new partners in major growth push
Gadens has brought on eight new partners, building out its offering for in-demand practices like corporate, financial services and real estate and construction.
Construction PRO
Mallesons accused of aiding director’s duty breaches over Ray White loan
Collapsed developer FSM alleges Big Six firm Mallesons aided and abetted breaches of duty by its director, who allegedly entered into a refinancing agreement with Ray White Capital that included a 192 per cent interest rate.
Construction PRO
Trial set in $55M defects cases over Port Botany logistics centre
Making good on his threat to case manage the litigation with an "iron fist", a judge has set a trial date for early next year in four cases over the Port Botany Enfield Intermodal Logistics Centre.
Construction PRO
Judge calls for rules committee to settle issue of liquidator joinder bids
Granting a joinder bid in an unfair preferences case over the failure of carpentry firm Empryl, a judge has urged the Federal Court's rules committee to resolve a question hanging over liquidators seeking to bring proceedings against multiple defendants.
Construction PRO
Clifford Chance, Kennedys elevate partners with real estate, infrastructure chops
As part of their global partnership promotions, Clifford Chance and Kennedys have elevated three Australian lawyers with expertise in real estate, infrastructure, and property insurance.
Construction PRO
Builder Rawson wins court battle over option deed for residential project
A Rawson Group unit has successfully argued that it was entitled to rescind an option deed to buy land in the Southern Highlands of NSW after the soil was classified as a “problem” that posed real risks of increased building costs.
Construction PRO
AirTrunk to invest $4.2B on Malaysian data centres
Australian data centre platform AirTrunk has announced it will invest $4.2 billion to build two new data centres in Malaysia.
Construction PRO
Owners of luxury Neutral Bay development secure quick $7.8M win
The owners corporation of a luxury apartment block in Sydney’s North Shore have been awarded $7.8 million in a summary judgment ruling after developer Lotus Fund failed to put on more than bare denials.