Sydney developer Bathla gets one-year court extension as funding talks continue

A court has granted collapsed Sydney property developer Bathla a twelve-month extension to help administrators continue talks over funding. The collapse of the developer has caused a major surge in building failures and trapped a Sydney suburb in severe gridlock, with reports describing the situation as causing death and destruction in the area. Administrators for Bathla were previously given a shorter reprieve to secure funds before this longer court extension was approved.