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Construction PRO
Melbourne builder Cobild has resolved a lawsuit brought against a developer arguing it must return a $497,000 bank guarantee under a contract to build a $50 million office complex.
Construction PRO
A judge has discharged the mortgages and caveats developer Oliver Hume holds over a residential subdivision project in Onkaparinga Heights in favour of a renegotiated arrangement, allowing the landowner to deal with property amid an ongoing court dispute.
The former CEO of the company behind coconut water brand CoCo Joy has succeeded in overturning one of three criminal convictions following an ASIC investigation.
Construction PRO
Frasers Property has reached an agreement to offload five freehold logistics properties in Melbourne to Singapore's ESR-REIT for $288 million.
NSW's top judge has warned of the dangers of social media and the importance of collegiality among the judiciary, following a controversial speech by a federal judge who called out colleagues for tardy judgments.
Construction PRO
Victoria’s State Revenue Office has gone to the High Court in its battle with shopping centre landlord Vicinity Funds over $82.5 million in stamp duty.
Construction PRO
Amazon has signed another power purchase agreement with European Energy for its Winton North solar and battery project in Victoria, adding to the $2.8 billion the tech company has invested in Australian renewable projects since 2020.
Construction PRO
Sibayne Stillwater's Copper Mines of Tasmania has accused construction company Ian Harrington Group of inducing a subsidiary to breach a contract for rehabilitating a closed mine near Queenstown.
Construction PRO
The owner of Oak Tree Retirement Village has been ordered to pay compensation to a resident of its Rutherford, NSW village, following years of poor maintenance of a stormwater drain on adjacent land.
Law firm Allen & Overy advised that there were “very serious problems” with awarding Keybridge’s former CEO Nicholas Bolton a $4.75 million bonus, a judge has heard.