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Construction PRO
Apartment owners in Sydney's Alcove St Ives development have won extra time for evidence ahead of an expert huddle in a $123 million defects suit against a unit of builder Meriton.
Construction PRO
An appeals court has ordered a retrial in a franchisee's suit against home building franchise operator GJ Gardner Homes over the failure to renew its agreement, finding a judge erred in interpreting a key clause in the contract.
Construction PRO
A luxury Aqualand development in Milsons Point can't undo a $10.6 million freezing order granted to the owners corporation to address the risk that funds would be unavailable to meet its claim for damages to remedy alleged defects.
Construction PRO
The developer of a Sydney apartment block has appealed a decision that awarded the owners corporation $1.95 million, arguing the owners may have manufactured a relationship breakdown to escape their obligations.
Construction PRO
An appeals court has ruled against developer Universal, which resisted a payment claim under the SOP Act, saying it couldn't raise a defence pointing to the contract after failing to serve a payment schedule.
Construction PRO
An appeals court has rejected Dexus' challenge to a finding that it must sell its 50 per cent stake in Sydney’s largest suburban shopping centre to Macquarie Retail, saying its arguments contradicted the “evident commercial purpose” of the contracts at issue.
Construction PRO
A Dexus property fund has argued that a judge went the “wrong way” in deciding that it was forced to sell its 50 per cent stake in Sydney’s largest suburban shopping centre to Macquarie Retail.
Construction PRO
The owners of ten townhouses in Rosehill, NSW have secured a $3.8 million default judgment against their builder Dominium Homes.
Construction PRO
Commercial property firm DTZ Worldwide has lost its bid for $243 million in damages related to its acquisition of United Group from UGL Limited over United's alleged failure to disclose that a key contract was “loss-making”.