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Law firm Sparke Helmore has teamed up with tech services company Adaca to launch an AI firm for government clients, promising a "unique combination of legal and technical assurance".
Construction PRO
Lendlease has sold its 50 per cent stake in two shopping centres in Perth and Brisbane to Cbus Property for around $1.3 billion.
Construction PRO
Macquarie Asset Management is partnering with Anthropic and Singaporean sovereign wealth fund GIC on data centre infrastructure, with the partnership to initially focus on data centres in the US.
The ACCC has opposed US-based keg pooling company Kegstar's proposed acquisition of the assets of rival Konvoy, the latest acquisition blocked since the new mandatory merger review came into effect.
Star's former chief legal offer has won a stay of a $400,000 penalty as she appeals a finding that she breached her directors' duties by failing to alert the company's board to money laundering risks in its Sydney casino.
Construction PRO
Firmus has secured $2.8 billion in equity commitments to speed the rollout of its data centres across Australia, as the AI data centre start-up preps for a debut on the ASX later this year.
Construction PRO
The High Court has declined to review a ruling from the Victorian Court of Appeal that found domestic building insurance policies do not respond to when a defect arises, but rather to when loss or damage is suffered.
Billionaire Clive Palmer has asked the High Court to revive his misconduct claims against former ASIC chair James Shipton, which the Full Court rejected as "little more than a house of cards".
A former director of collapsed Melbourne-based over-the-counter derivatives broker Berndale Capital Securities will serve 23 months in prison after pleading guilty to misusing company funds, misconduct that ASIC called "egregious".