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iProsperity liquidators sue developer of Ryde apartment project
Restructuring & Insolvency 2025-03-18 11:43 pm By Sam Matthews

The liquidators of collapsed fund manager iProsperity have filed court proceedings against the developer of an apartment project in Ryde.

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Judge shoots down Crown Group director’s objection to $500,000 payments
Construction 2025-03-18 11:14 pm By Andy Sidler

A judge has found the liquidators for collapsed developer Crown Group would be justified in making $500,000 in payments to related companies Quay Group and Westport, over objections from a director that he was not consulted on a solicitor’s retainer.

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Roberts Co places Victorian business in administration
Restructuring & Insolvency 2025-03-15 11:44 pm By Christine Caulfield

The Victorian unit of privately-owned builder Roberts Co has entered voluntary administration, citing rising prices and the insolvency of critical subcontractors.

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Hall & Wilcox taken to court by liquidators of failed Hastie Group
Restructuring & Insolvency 2025-03-13 11:31 pm By Christine Caulfield

Liquidators of collapsed engineering company Hastie Group have brought proceedings against Hall & Wilcox, the law firm for the company’s previous liquidators.

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Chiodo wins more time to answer Venice Marriott case after ASIC raid
Restructuring & Insolvency 2025-03-05 11:07 pm By Sam Matthews

Ex-Keystone director Paul Chiodo’s company has won more time to file a defence to a new suit by Keystone’s receivers over a failed transaction for the purchase a Marriott Hotel in Italy.

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Crown Group liquidators sue partner on stalled luxury Southbank tower
Restructuring & Insolvency 2025-03-06 11:04 pm By Christine Caulfield

Liquidators of collapsed developer Crown Group have brought legal action against the company’s partner in a joint venture to build a residential tower in Melbourne’s Southbank, seeking to force a sale of the property.

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Steller Developments liquidator loses $102M suit against ex-directors
Construction 2025-02-27 11:49 pm By Cindy Cameronne

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.

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End to fights over Callide power station may be in sight, administrators say
Restructuring & Insolvency 2025-02-26 11:08 pm By Cat Fredenburgh

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.

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Judge disqualifies himself from hearing Greensill cases
Insurance 2025-02-20 11:01 pm By Cindy Cameronne

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. 

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No ‘judicial sympathy’ for Taringa shopping centre builder faced with insolvency
Construction 2025-02-21 11:44 pm By Julia Kanapathippillai

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.

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