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Construction PRO
Dexus has dragged five of its insurers to court seeking indemnity for more than $16.5 million in remediation costs stemming from alleged defects in the waterproofing system that was installed as part of the $150 million redevelopment of Sydney's MLC Centre.
Construction PRO
Airport operator APAC says a default notice sent to Dexus over confidentiality breaches is at least valid against shareholders that initiated a botched sales process, hedging its bets in an appeal of a ruling that forces a sale of the asset manager's entire stake.
Construction PRO
An appeals court has granted a builder's appeal in a dispute over payments for work on the Seasons of Perth hotel, finding the strict one-day deadline for serving an adjudication review application under Western Australia's Security of Payment Act is a jurisdictional requirement.
Construction PRO
Utility Sydney Water has claimed privilege over hundreds of documents said to reveal advice about its obligations when compulsorily acquiring land, in a dispute with a property owner over 21 hectares of land in Rosehill.
Construction PRO
Real estate giant Cushman & Wakefield has settled a suit by a former managing director who alleged he was unfairly terminated to prevent him from keeping a $1.5 million sign-on bonus.
Construction PRO
The owner of a proposed shopping centre development in Melton is appealing a Victorian Supreme Court order that it return $1.5 million to a defunct developer that allegedly breached a $30 million land sale contract.
Construction PRO
Investors in Falcon Capital's First Guardian Master Fund will recover less than 10 per cent of a $33.5 million loan advanced to an inexperienced Melbourne developer, under a settlement reached by the company's liquidators.
Construction PRO
A group of Gold Coast residents has asked the High Court to overturn the approval of a nine-story luxury residential development, arguing the court failed to consider the 'reasonable amenity expectations' of neighbouring residents before allowing the building to exceed local height limits.
Construction PRO
Asset Energy is appealing a decision which rejected its challenge to the Offshore Petroleum Joint Authority'a decision not to extend the permit for its PEP11 gas exploration project off the Hunter coast in NSW.
Construction PRO
Qube and Martinus Rail are locked in another courtroom fight over Sydney's $4 billion Moorebank Intermodal Terminal, with Qube firing off a lawsuit to enforce a $26 million arbitration award.