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Construction PRO
Clive Palmer suffers another loss in $300M fight over iron ore project
Clive Palmer has lost another legal battle over Western Australian legislation shielding the state from the fallout of a decision barring a proposed Pilbara iron ore project, with a Swiss court rejecting his challenge to a tribunal's finding that it had no jurisdiction to hear the $300 billion dispute.
Construction PRO
Harassment suit accuses Savills of ‘boys club’ culture
US real estate firm Savills has failed to summarily dismiss a lawsuit alleging sexual harassment, which a judge said if true "indicated a culture of discriminatory sexist behaviour of a serious kind".
Construction PRO
Energy minister warns states against competing for data centres
Energy minister Chris Bowen has warned the federal government will legislate if necessary to prevent states from competing for data centres, after announcing plans last month to roll out a national AI framework to govern the booming area.
Domino’s could be on the hook for $10M in costs after losing underpayments class action
A judge has rejected Domino's bid for a 30 per cent reduction in the costs it owes after losing an underpayments class action, saying the pizza chain will likely be on the hook for around $10 million in costs.
Construction PRO
InterContinental owner loses challenge to $160M Sydney mixed-use tower
The owner of Sydney's InterContinental Hotel has lost its challenge to the approval for a mixed-use tower at the site of the neighbouring Sir Stamford Hotel.
Construction PRO
Urbex sues over $59M contract for Melbourne development
Developer Urbex has launched proceedings seeking the return of a $2.85 million deposit on a $59 million contract to buy a development site in Melbourne's east, saying it validly terminated the agreement after an adverse contamination and geotechnical report.
Construction PRO
Maas Group acquires $300M stake in Firmus
Construction company Maas Group has acquired an additional $300 million stake in AI infrastructure company Firmus, executing on its strategy to expand into digital infrastructure after shedding its construction material division for $1.7 billion.
Construction PRO
United Cinemas wins injunction in fight to maintain Craigieburn lease
United Cinemas has secured interim relief blocking its landlord from terminating its lease at the Craigieburn Central cinema in Victoria.
Class action to get less than half of $22.5M CommInsure settlement
A judge will approve deductions that will leave less than half of a $22.5 million class action settlement against two former CBA wealth management units left over for distribution to group members.