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High Court won’t take up Gunns creditor’s fight with liquidators
Restructuring & Insolvency 2025-04-10 11:20 am By Cat Fredenburgh

The High Court won’t hear an appeal by a creditor of collapsed forestry giant Gunns Plantations seeking to toss winding up proceedings brought after it failed to pay back $1.2 million in unfair preferences. 

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AIG reaches settlement in Linchpin investor class action
Settlement 2025-04-07 3:59 pm By Christine Caulfield

A class action brought by investors of failed advisory firm Linchpin has reached a settlement with insurer AIG — the last remaining defendant in the case.

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Star accepts $300M takeover offer from Balley’s
M&A 2025-04-07 11:53 pm By Cat Fredenburgh

Star has agreed to a $300 million deal that will see the embattled company taken over by US-based casino operator Balley’s.

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Construction PRO
KordaMentha sues to wrest control of Whyalla port from Sanjeev Gupta
Restructuring & Insolvency 2025-04-08 11:02 pm By Cat Fredenburgh

KordaMentha has filed a lawsuit to force Sanjeev Gupta’s GFG Alliance to turn over the port at OneSteel’s Whyalla plant in South Australia, arguing the court should doubt a GFG unit’s claims to a lease for the port.

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Hastie liquidators get court OK to fund cases against Hall & Wilcox
Restructuring & Insolvency 2025-04-07 1:19 pm By Christine Caulfield

Hastie’s special purpose liquidators have won court approval to enter into a further funding agreement as it pursues cases against Hall & Wilcox, which previously represented the collapsed engineering firm.

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StrongRoom AI unit warns creditors to sort out freezing orders fast
Restructuring & Insolvency 2025-04-03 4:57 pm By Sam Matthews

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. 

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Dyldam says Special Gold liquidator’s claims ‘hopeless’
Restructuring & Insolvency 2025-04-02 11:44 pm By Andy Sidler

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.

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Construction PRO
Star in talks with Balley’s as refinancing deal falls through
Restructuring & Insolvency 2025-04-02 11:47 pm By Cat Fredenburgh

The Star is on the brink of collapse again after a potential $940 million refinancing deal with Salter Brothers fell through, with the embattled casino operator continuing to mull an offer by US casino operator Balley.

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EVP wins $10.4M freezing orders against failed start-up StrongRoom AI
Restructuring & Insolvency 2025-04-01 11:38 pm By Cindy Cameronne

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. 

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FWO urged to conduct national investigation into construction industry
Policy and Regulation 2025-03-28 11:08 pm By Cindy Cameronne

The workplace regulator should start a national probe into sexual harassment and the treatment of young workers in the construction industry, according to a forum convened by the employment minister.

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