A judge has handed Shinetec a win in its dispute with the developer of a scuttled $185 million project in Sydney, finding that $48 million owed by the builder to its parent company after the developer called on a letter of credit fell within the definition of ‘secured money’.
An appeals court has confirmed that mining companies AngloGold and IGO Limited did not need to renegotiate native title approvals when they consolidated 31 existing mining leases into a single lease.
Property developer and former director of collapsed Keystone Asset Manager Paul Chiodo is appealing the rejection by liquidators of a $9 million proof of debt.
A court has upheld the $63.8 million valuation of an inner-Sydney high-rise, rejecting Meriton’s argument that it should be reduced to $52 million because of its isolation from public transport.
Chase Builders can’t avoid completing fire safety rectification works at the Manhattan on the Park apartment complex in Canberra by citing a 10-year limitations period after running down the clock with litigation, a tribunal has said.
A Sydney builder has lost its challenge to a $453,000 judgment for a developer, with an appeals court finding the construction company claimed payment for a greater amount of work than was done on a project in Dural.
The Australian intends to bring a truth defence in defamation claims by dismissed executives of commercial real estate broker Jones Lang LaSalle, a court has heard.
A construction project superintendent who revised down costs previously paid to the builder contracted on the Shenton Quarter development in Perth acted outside the terms of the contract, a court has found.
A court has shut down an investor’s $455,000 suit against defunct property development group Lion Property Group, finding its liquidators are better placed to untangle the claims.
A court has thrown out a bid by the developer of a Melbourne apartment block to challenge the scope of powers of an administrator appointed by the Victorian Civil and Administrative Tribunal to deal with significant defects.