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Builder not on the hook for $12M in damages for Lacrosse building fire, appeals court says
Appeals 2021-03-29 3:58 pm By Cindy Cameronne Sydney

An appeals court has found that building company LU Simon should not pay $12 million in damages for a 2014 fire which broke out in Melbourne’s Lacrosse tower and was accelerated by Alucobest cladding panels since the company had relied on consultants’ advice in choosing the cladding material.

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UDP wins $25M from insurers over doomed 5 Star Foods deal
Agriculture 2019-10-10 5:27 pm By Miklos Bolza Sydney

Hong Kong-based UDP was entitled to $25 million from its insurers after losing more than $30 million from its disastrous acquisition of dairy conglomerate 5 Star Foods, which had been secretly overcharging one of its biggest customers, food giant Lion Nathan Group.

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