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The High Court has agreed to weigh in on two failed shareholder class actions against the Commonwealth Bank, in a case that could clarity the elusive test for damages in shareholder class actions.
Construction PRO
Allens is positioning itself as a go-to firm for AI infrastructure deals, advising Singapore-based asset manager Keppel on a new $10 billion AI data centre hub.
Private hospital operator Ramsay Health has won swift ACCC approval for its $251 million acquisition of Canberra hospital National Capital Private Hospital from Healthscope, with the regulator completing its review in three weeks.
Construction PRO
The holder of a mining tenement in Western Australia has succeeded in setting aside a $500,000 statutory demand by a pastoral leaseholder, with a court finding there was a genuine issue in dispute about whether the amount was owed when no mining activities were undertaken.
Construction PRO
Melbourne Water has told a court that it may join third parties to a class action brought on behalf of retirement village residents over the flooding of the Maribyrnong River.
Construction PRO
Real estate investment manager Charter Hall has joined forces with Japan's Mitsubishi Estate Asia to develop a 40,000sqm logistics hub in Melbourne's west.
A former TechnologyOne executive has appealed a judge's finding that he was lawfully terminated, after the matter was remitted following an appeals court decision that tossed his $5.2 million damages win.
Construction PRO
Cbus has reportedly agreed to acquire all the units in Lendlease's $2 billion shopping centre fund, which includes some of the country's largest mall assets.
A leading M&A lawyer from Herbert Smith Freehills has made the jump to Ashurst, bolstering the firm's corporate offering.
Fixed income specialist FIIG Securities has been ordered to pay $2.5 million for cybersecurity failures which led to a cyberattack that exposed the data of 18,000 clients, the first penalty of its kind secured by ASIC.