Collapsed Melbourne developer Steller has failed to convince a court that its founders and two former directors owe $101.9 million, with a judge rejecting claims that they personally guaranteed the company’s debt.
The administrators for the operator of the Callide power station have won extra time to convene a second creditors meeting after the court heard they may soon be able to put to rest a series of complex disputes over the Queensland power station.
A newly appointed judge has disqualified himself from hearing a group of cases over Greensill’s $1.7 billion collapse, after he acted as counsel for insurer Marsh in a related dispute.
A judge has order the winding up of a construction company contracted to build a Queensland shopping centre after the builder failed to comply with a statutory demand.
A class action on behalf of people who purchased off-the-plan homes in the Clydesdale Estate in north-west Sydney has won a dispute with the liquidator for the collapsed developer.
Greensill has a “clear case” for recusal of a judge poised to hear cases over its $1.7 billion collapse, who previously acted as senior counsel for insurer Marsh in a satellite dispute.
The development management company behind the $2.7 billion STH BNK project, which was placed in administration last week, owes creditors — including lawyers, consultants and designers — over $100 million.
Defunct Greensill Group has filed a bid to disqualify a recently appointed Federal Court judge from hearing a case over its $1.7 billion collapse.
A guarantor of developer Westgem Investments can amend her claim against Westpac and the Commonwealth Bank related to the financing for a commercial development in Perth’s Raine Square.
Former directors of Steller Developments have told a court they did not intend to guarantee the company’s debt in the event of bankruptcy, as trial kicked off in proceedings by the collapsed Melbourne developer’s liquidators.