Contracts

Acciona has won $2.1 million from Zurich Insurance and two other insurers in a case alleging it was entitled to indemnity after severe weather events damaged work on the Bruce Highway project in Queensland. 

Transport for NSW has issued a warning to M6 construction contractors CPB, Ghella and UGL over a “sustained failure” to resume work on the Sydney motorway after sinkholes forced a halt to the project in 2024.

Crowley Australia has lost its challenge to a $6.1 million decision for contractor Latitude 63 in a payment row over the construction of fuel tanks in Darwin, with a judge rejecting claims the adjudicator should have recused himself. 

A court has heard that a class action on behalf of hundreds of thousands of customers whose flights were cancelled during the COVID-19 pandemic is estimated to be worth over $100 million.

The Parramatta Eels and National Rugby League player Zac Lomax have reached a settlement in a contract dispute over his plans to join the Melbourne Storm.

Mineral Resources has won a bid for more documents in its fight with the Pilbara Ports Authority over the validity of a channel charge. 

A judge has awarded private equity firm CPE Capital, formerly CHAMP, $96 million in a dispute over a profit sharing agreement that was part of a deal to provide $150 million in vendor finance to FX Group Holdings for shares in trading platform Pepperstone.

Built has lost its lawsuit against the Victorian Correctional Infrastructure Partnership over a dispute resolution mechanism in a construction subcontract for upgrades to the Metropolitan Remand Centre. 

Trial was pushed off on Monday in NRL player Zac Lomax's contract spat with the Parramatta Eels, with the court hearing the parties are "very close" to resolving the dispute. 

BP subsidiary Lightsource bp has announced the sale of five of its solar assets to Aula Energy, as part of a plan to shift its focus to hybrid projects.