Industries

A court has ordered the de facto director of failed construction company Trinco to pay its liquidator $10 million, finding that the builder had been trading while insolvent since 2018.

Ray White has secured a stay of examinations of its employees, as a creditor of FSM Development investigates claims the real estate agency's loan agreement with the collapsed Sydney developer was uncommercial.

Woolnorth Renewables has won approval for its 400-megawatt wind farm in Victoria's south-west, the third-largest wind project approved by the state in the past decade.

A construction law firm that is accused of overcharging a developer by $250,000 has lost its bid to stay cost assessment proceedings against it.

Following the failure of two class actions to prove market-based loss from the Commonwealth Bank’s disclosure breaches, the bank is fighting the class actions' bid to pursue individual ‘no transaction’ cases, saying they were “trying to keep something alive that is truly dead”.

Insurance giant Suncorp faces a class action investigation on behalf of millions of home and car insurance customers who were allegedly misled about their premiums and charged a so-called loyalty tax.

A judge has signed off on Westpac's $130 million settlement in a class action over flexible commissions paid to car dealers, bringing to an end three cases brought by Maurice Blackburn against lenders.

A judge has found that builder DT Infrastructure’s application for adjudication of a $22 million payment claim against Downer EDI was discharged by Downer paying off a smaller claim of less than $1 million, which was the only amount expressly referred to in DTI’s application.

A supplier of power tools has taken Melbourne Airport's owner to court alleging a warehouse it constructed on leased premises at the airport's business park was defective and incapable of being occupied.

Delta Building Automation can't dodge a $1.5 million penalty for attempted bid-rigging for construction work at the National Gallery of Australia.