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Construction PRO
JB Asset Management has clawed back $3 million from a scuttled real estate deal involving LBA Capital, almost a year after LBA’s director was jailed for fraud.
A unit of collapsed start-up StrongRoom AI has warned creditors of its parent company that recent freezing orders need to be tweaked to allow it to continue trading, or there may be little money left to argue over.
An appeals court has dismissed a competition case by Mayfield Development against NSW Ports over agreements to privatise two ports, finding that derivative Crown immunity applied to the port authority.
A solicitor has lost a round in his challenge to a professional misconduct charge by South Australia's legal watchdog for allegedly breaching conditions on his practising certificate related to paying counsel fees.
Construction PRO
Logistics company Qube can't dodge a $71 million payment to subcontractor Martinus Rail, with an appeals court finding no error in an adjudicator's finding that Qube’s payment schedule was "incomprehensible".
Construction PRO
An ex-Greenwoods & Herbert Smith Freehills partner who claims he was sacked for complaining about client Lendlease's "aggressive tax position" is seeking pro-bono representation after losing his lawyers.
Construction PRO
Collapsed Sydney developer Dyldam has told a court that a liquidator's claim for breach of directors' duties is "hopeless" as the company was under a deed of company arrangement at the relevant time.
A court has approved a $170 million settlement in a class action against Allianz, and has signed off on an order that gives the firms behind the case 25 per cent of the deal.
The fact that at least three funders are open to backing a franchisee class action against United Petroleum should doom the class action's opposition to the petrol chain's bid for $2.3 million in security, a court has heard.
Venture capital fund EVP has secured a $10.4 million freezing order against pharmacy software start-up StrongRoom AI, after the company went into administration last week.