Hickory’s H Buildings administration move halts second apartments cladding claim – The Australian Financial Review

Liquidation

1 Defects and recladding claims worth $4 million in a second apartment project have been frozen after Melbourne builder Hickory’s subsidiary was placed into voluntary administration.  Owners of 105 apartments in the Anstey Square development in the inner northern suburb of Brunswick had commenced proceedings in the Victorian Civil and Administrative Tribunal seeking the rectification of defects…

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Mandatory mediation in place to help SA farmers – The Murray Valley Standard

Debt Help

Farmers in South Australia will be better protected financially after recent legislation on mandatory farm debt mediation was passed in parliament. According to Minister for Primary Industries and Regional Development Tim Whetstone, the new Farm Debt Mediation Act 2018 has brought South Australia in line with other states in its effort to support farmers. South…

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Lavasa investors’ money stuck till NCLT final order – Times of India

Bankruptcy

Pune: The Maharashtra Real Estate Regulatory Authority (MahaRERA) has decided to rule on Lavasa investors cases only after the case in front of the National Company Law Tribunal (NCLT) is resolved.On August 30, the NCLT had admitted a plea filed by creditors, who had initiated the corporate insolvency resolution process against Lavasa Corporation Limited under…

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