Australia, July 10 -- New South Wales Land and Environment Court issued text of the following judgement on June 11:
1. On 30 November 2017, the plaintiff, Calibre Construction Group Pty Ltd (the "Builder") entered a Design and Construct Contract (the "Contract") with the first defendant, Kaloriziko Pty Ltd (the "Developer"). The Contract was constituted by a Formal Instrument of Agreement, General Conditions in the AS 4902-2000 format and ancillary documents.
2. By the Contract, the Builder agreed to design and construct, on land owned by the Developer in Ryde, a multi-storey, mixed use residential and commercial development comprising 4 towers and some 100 units (the "Development"). The Development was called "Sky Gardens". The contract ...