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Grocon ‘reluctantly’ puts construction biz into administration
Construction 2020-11-20 4:39 pm By Miklos Bolza

Property developer Grocon has “reluctantly” put its construction business into administration, blaming the NSW government’s handling of the Central Barangaroo development project which has sparked a $270 million lawsuit in the NSW Supreme Court.

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Grocon must pay security to pursue $270M lawsuit over Barangaroo development
Construction 2020-09-14 10:37 pm By Christine Caulfield

Australian construction company Grocon has been ordered to pay $1 million in security for costs to continue its pursuit of a $270 million lawsuit against Infrastructure NSW over the development of Central Barangaroo, despite claiming it’s financials have taken a hit from the pandemic.

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Crown settles Sydney Harbour views dispute with NSW
Appeals 2019-08-19 3:01 pm By Miklos Bolza

Crown Resorts and Lendlease have settled a dispute with the NSW government over access to unblocked harbour views from the $2.2 billion Crown Sydney Hotel Resort currently being constructed in the city’s Barangaroo area.

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Ex-Aussie Home Loan boss can’t escape $1M ruling that he duped Adcock Private Equity
Securities 2019-04-17 2:45 pm By Christine Caulfield

Former Aussie Home Loans boss Stephen Porges has lost an appeal of a judgment ordering him to pay more than $1 million to a private equity firm that was found to have been duped into buying his worthless shares in a beleaguered startup.

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Sanitarium, Rebel lose appeal over $1.4M promotion campaign
Contracts 2019-03-29 8:50 pm By Miklos Bolza

Cereal giant Sanitarium and retailer Rebel Sports have lost their appeal against a decision of the NSW Supreme Court staying proceedings against a UK marketing company in a dispute over a $1.4 million joint promotional campaign.

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Crown Resorts wins dispute over Barangaroo casino views
Construction 2018-12-14 5:26 pm By Miklos Bolza

James Packer’s Crown Resorts has won a lawsuit against the NSW government for allegedly failing to protect sweeping views of the Sydney Harbour from its planned luxury casino in the Barangaroo area.

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Ex-Aussie Home Loans CEO wins halt to $1M judgment for private equity firm
Financial Services 2018-11-23 11:30 pm By Cat Fredenburgh

Former Aussie Home Loan boss Stephen Porges has secured a temporary stay of a ruling that found he owed Adcock Private Equity more than $1 million for duping the firm into buying his worthless shares in a digital commerce startup.

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Blockbuster defeated again in fight with husband and wife franchisee
Franchises 2018-11-14 9:54 pm By Christine Caulfield

Blockbuster has lost another round in its case against a husband and wife franchisee that sold a store’s assets to a competitor, with a court ruling the company could not sock the pair with the costs of its failed appeal.

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Vannin boss can’t escape cross claim by rival litigation funder
Business of Law 2018-10-22 11:06 am By Christine Caulfield

The managing director of litigation funder Vannin Capital lost a battle to dismiss a cross claim brought against him by rival LCM in a case alleging LCM has misapplied funds in its trust.

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Crown says NSW gov’t ‘spruiked’ to block Sydney harbour views
Real Estate 2018-10-15 11:25 pm By Miklos Bolza

Crown Resorts has accused the NSW government of breaching its contractual obligations by “spruiking” to construction firms for development at central Barangaroo that would obstruct its views of the Sydney Harbour Bridge and the Opera House.

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