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Construction PRO
Roberts Co will have to pay a $3.2 million payment claim served by subcontractor Sharvain Facades at 7:18pm on a Friday, after a judge found the claim was validly issued that day.
Construction PRO
A judge has rejected developer Kaloriziko's claim that a property deal involving related parties extinguished a $2.12 million liability to a builder in relation to the construction of the 'Sky Gardens' residential development in Ryde, NSW.
A judge has dismissed a class action applicant’s claim that he was underpaid as a University of Sydney postgraduate student, but left for another day the question of whether the court should also make orders binding group members.
Construction PRO
Johns Lyng Group confirmed Wednesday it had received a takeover offer from Pacific Equity Partners for an undisclosed sum and has granted the private equity firm an exclusivity period to undergo due diligence.
Construction PRO
The Valuer-General of Victoria has won a High Court appeal against developer WSTI Properties over a $2.9 million valuation for a heritage property in Melbourne, which centred on the meaning of an “improvement” to the land.
Construction PRO
Fletcher Building has confirmed it has received inquiries from prospective buyers of its businesses, including its construction division.
Construction PRO
Entertainment giant EVT has put its landmark Sydney CBD Event Cinemas complex on the market.
Lendlease and tax advisory firm Greenwoods & Herbert Smith Freehills have reached a settlement in a case by solicitor and accountant Anthony Watson, which accused the builder of taking an "aggressive" position on its taxes.