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Bridge Street Capital hit with costs for funding winding-up defence of ‘woefully’ insolvent developer
Corporate advisory firm Bridge Street Capital has been hit with costs for funding the defence to a winding up application for a Sydney property developer which a judge found was “woefully” insolvent.
Judge weighs exemption from Victoria’s COVID-19 vaccine mandate for 134 workers
A group of 134 workers in healthcare, education and construction have argued a judge should grant them a temporary exemption from Victoria's direction mandating essential employees be vaccinated against COVID-19 to work outside their homes.
BlueScope meeting made distributor ‘extremely uncomfortable’, ACCC tells court
BlueScope general manager Jason Ellis made executives of a steel distributor “extremely uncomfortable” in a meeting where he presented the steel giant’s price list, a court hearing the ACCC’s price-fixing case was told Monday.
BlueScope general manager ‘not an honest witness’, ACCC tells court
BlueScope Steel general manager Jason Ellis was not an honest witness and did not express genuine regret when he apologised for obstructing an ACCC investigation, a court hearing the regulator’s price-fixing case was told Tuesday.
Lendlease, Acciona lock horns over $160M engineering acquisition
Infrastructure developers Lendlease and Acciona are suing each other for tens of millions of dollars over alleged losses stemming from Acciona's $160 million acquisition of Lendlease's engineering business, which saw it take over the Gawler rail project in South Australia.
Cartel claims filed against roof tilers over Sydney University construction
The Australian Competition and Consumer Commission has launched civil penalty proceedings against two Sydney roof tiling businesses and their sole directors, claiming they engaged in bid rigging for construction at the University of Sydney.
ATO, Raptis Group to enter ‘commercial discussions’ in $110M tax case
The Australian Taxation Office will have "commercial discussions" with Gold Coast property developer James Raptis before deciding whether to seek summary judgment in a case over $109.5 million in alleged tax avoidance.
Joint venture lobs $50M lawsuit over $1.37B Melbourne Metro payout
A joint venture which helped design the Melbourne Metro has filed a $50 million lawsuit claiming they were not given enough of a $1.37 billion payout promised by the state's government to cover additional work.
CIMIC spars with insurers over coverage for Iraq bribery cases
Engineering services firm CIMIC Group has launched proceedings against ten insurers seeking indemnity for costs arising from allegations the company engaged in corrupt practices, including bribing government officials in Iraq.
Crane maker NQCranes loses bid to strike out ACCC’s cartel case
Queensland crane company NQCranes has lost its bid to strike out the bulk of the ACCC’s amended case alleging it engaged in a conspiracy with a multinational rival to divide the Brisbane and Newcastle markets.