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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.
Clayton Utz litigation partner jumps to Ashurst Perkins Coie
Ashurst Perkins Coie has brought on a recently promoted partner from Clayton Utz to grow its litigation practice.
Airbus, Commonwealth hit with class action over 2023 helicopter crash
Aircraft manufacturer Airbus and the Commonwealth have been hit with a class action by the family members of four aviators who were killed when an army helicopter crashed off the coast of Queensland in 2023.
Construction PRO
Inpex in post-trial fight with AkzoNobel in suit over $45B Ichthys project
Inpex says damages against AkzoNobel could increase "very significantly" if the court adopts its position on a referee's report and it succeeds on liability in its suit over allegedly defective anti-corrosive coating used on the $45 billion Ichthys gas project.
Hunter Valley crash report says engineering controls could have limited rollover risk
A report into a bus crash in NSW's Hunter Valley that killed 10 passengers has found that while the interchange where the crash occurred met all road safety standards, additional engineering controls and design guidance could have reduced the risk of a fatal rollover.