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Star has agreed to a $300 million deal that will see the embattled company taken over by US-based casino operator Balley's.
Construction PRO
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.
Construction PRO
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.
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.
Construction PRO
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.
Construction PRO
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.
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.
Construction PRO
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.
Clothing brand Jeanswest will close more than 90 stores across the country after being placed in voluntary administration for the second time in five years.
Construction PRO
Perth-based boutique builder Ultimo has entered liquidation, the latest construction company to go under as the industry faces rising costs and labour shortages.