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Construction PRO
A court has described a plan to demolish a 32-room boarding house for the construction of four luxury residences in Paddington as an "unacceptable loss" of affordable housing in inner-city Sydney.
A private equity fund is challenging a ruling that it acted in an “oppressive” and “unfairly prejudicial” way towards its managing director, who a judge found was invalidly sacked for standing in the way of a deal with her business partner’s son.
Builder Acciona and consultant AECOM have been named as defendants in a class action on behalf of families of victims of a bus accident in Hunter Valley, NSW, facing allegations they were responsible for the construction and certification of the interchange where it occurred.
Construction PRO
In a new suit against the developer of an abandoned $185 million project in Sydney, Shinetec has asked the court to declare its priority interest in a $48 million payment recently paid to the developer by Bank of China.
GM can't strike out a class action over alleged faulty transmissions in Holden cars, with a judge saying the case doesn't need to identify the “precise mechanical, metallurgical or engineering explanation” for alleged defects.
Construction PRO
A judge has allowed a Central Coast resident to weigh in on Optus’ challenge to a council's refusal to bless its plans to build a telecommunications tower, saying the council’s “commercial relationship” with the telco justified a contradictor.
A judge has criticised Mayfair Group’s “directing mind” James Mawhinney in a do-over of ASIC’s case over notes tied to Mission Beach properties, saying “vociferous and continuous efforts” to blame others, including lawyers, for investor losses did not reflect well on him.
Construction PRO
Dyldam Developments has won approval to settle a case by the liquidator of a special purpose vehicle over the proceeds of a Paramatta development that sold for $74 million -- bolstered by major shareholder Persephone’s "gritted teeth" backing.
Construction PRO
The NSW Land and Environment Court has blocked a developer’s controversial plan to demolish a 32-bedroom boarding house in Inner Sydney suburb of Paddington to develop four luxury residences.
Real estate portal Domain has reached a settlement in a lawsuit by News Corp-owned REA Group that accused its rival of misleading conduct and infringing its copyright in property photos and floor plans.