A judge has declined to order security in developer Gilridge Investments’ payment claim fight with Diamond Builders over a $5.3 million apartment project, saying the builder failed to show the penniless developer would not be able to cover its costs after completing the troubled project.
Developer Deicorp and Metrics Credit Partners are teaming up on a $1.8 billion apartment project in Five Dock in Sydney’s Inner West.
Gateway Capital has acquired a warehouse in Sydney’s Eastern Creek from private equity firm Blackstone for $75 million as part its plan to build a $800 million industrial and logistics portfolio.
A judge has approved a 35 per cent group costs order in a shareholder class action against WiseTech, but said the relatively high rate could be revisited by the court at a later stage in the case.
A court has ordered a stay of proceedings in a Melbourne property dispute, saying whether it could hear the case “better” than VCAT, as alleged by builder Brocon, was not the point.
On the first day of trial, a court has heard a class action over alleged negligent management of water flowing through the Murray Darling system is a “world away” from a climate change class action that recently failed at trial.
Law firm HWL Ebsworth, which was found liable for negligence over advice on a Parramatta land development, has lost its opposition to a referee process for calculating damages.
Parkview Constructions is looking to settle a second case over alleged combustible cladding at Australia Towers in Sydney Olympic Park.
A prominent Perth property developer who claims he was defamed by two WAToday articles has lost his bid to plead the existence of a conspiracy between publisher Fairfax and others, including Liberal MP Andrew Hastie and the former leader of the WA Liberals.
Gold exploration company Zuleika Gold has to produce a draft technical report to Vango Mining as it seeks “significant damages’ over a repudiated joint venture agreement, with a judge finding an affidavit from its solicitor put the report squarely in issue.