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Construction PRO
Although Meriton's contractor prevailed in a cladding spat over Brisbane's Infinity Tower, the owners corporation's arguments were not at all stages "without merit", a QCAT member has said in declining to award the builder its costs.
Construction PRO
Investors who alleges they were misled about a Melbourne apartment development have reached a $2.5 million settlement in class action proceedings.
Construction PRO
A judge has said that asset preservation orders are likely warranted against the former head of collapsed builder Quasar Constructions, after its liquidator revealed he sold $24 million in property interests shortly before the company went under, but found he did not have power to make the orders.
Construction PRO
Investment house Washington H. Soul Pattinson has reached a merger agreement with building products and property company Brickworks to create a $14 billion powerhouse.
A judge has signed off on a confidential settlement in a class action over off-the-plan homes in a proposed north-west Sydney development, including a clause that prevents group members from making any public statements about the suit or disparaging the parties.
Construction PRO
The owner of Seasons of Perth Hotel has notched a partial victory in its fight with construction company Reward Group over performance bonds.
Construction PRO
After 50 directions hearings, a long-running dispute between the owners of a 23-storey building in Docklands and insurer AAI will go to trial next year, a fed-up judge has said.
Construction PRO
Lendlease can't bring new claims in an unsuccessful fight over Campbelltown plots worth $120 million, with a judge finding it was not appropriate to allow the amendments "at this very late stage".
Construction PRO
Real estate fund manager Charter Hall has secured leases for 90 per cent of its $850 million Light Horse logistics hub in Eastern Creek, Western Sydney.
Construction PRO
Cladding maker 3A Composites has lost its bid to set aside a cross-claim in a suit against the builder of the Tempo residential towers in Botany Bay over allegedly flammable aluminium composite panels.