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Construction PRO
Sydney developer Bathla enters administration amid ‘perfect storm’
Property developer Bathla has entered voluntary administration, citing a reduction in sales, high construction costs and falling confidence in key markets.
Construction PRO
Tahmoor liquidators can amend claims against Clydesdale
A judge has given the liquidators of Tahmoor Coal the green light to expand their case against Sanjeev Gupta's Clydesdale Engineering Limited to allege that an additional loan document and more than $28 million in payments were part of an alleged voidable transaction.
ASIC to appeal win for Rex directors over rosy forecast
The corporate cop is challenging a decision that tossed its breach of duty claims against three Regional Express board members over the company's continuous disclosure failures.
Silk with insolvency, tax chops appointed to NSW Supreme Court
A Sydney silk who recently represented singer Guy Sebastian and the liquidators of the Tahmoor coal mine has been tapped to join the NSW Supreme Court.
Construction PRO
Tahmoor Coal liquidators appeal ruling over Glencore royalties
The liquidators of GFG Alliance's Tahmoor Coal are challenging a decision over a royalties deed in favour of former owner Glencore.
Construction PRO
Mallesons denies knowledge of $18M loan in FSM liquidators’ case
Law firm Mallesons, which is named in proceedings brought by failed property developer FSM, has denied it knew that a former director used company loans to pay off personal debts.
Construction PRO
FSM liquidators’ claim over alleged uncommercial loan faces strikeout
An entity associated with lender Keyview Investment Management wants to strike out a claim brought by the liquidators of defunct developer FSM Development, which has brought proceedings against a raft of defendants, including law firm Mallesons. 
Construction PRO
United Cinemas wins injunction in fight to maintain Craigieburn lease
United Cinemas has secured interim relief blocking its landlord from terminating its lease at the Craigieburn Central cinema in Victoria.
Jones Day nabs Milbank partner for restructuring team
Jones Day has recruited Milbank's head of APAC restructuring for the global firm's Sydney office to bolster its insolvency practice.
Judge says fight over Sydney law firm’s bills ‘completely out of hand’
A judge has questioned whether the game is worth the candle in a liquidator’s case against a Sydney law firm over allegedly excessive legal bills, saying the contest appeared “economically irrational” and “at one level, stupid”.