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Suncorp units, TAL to pay $34M to settle add-on insurance class action
Two Suncorp units and insurer TAL Life have agreed to pay $34 million to settle a class action over allegedly worthless add-on insurance sold at car dealerships.
Construction PRO
Monadelphous scoops up high-voltage services business for $21.5M
Engineering firm Monadelphous will acquire a Perth-based provider of high-voltages services for $21.5 million.
Construction PRO
Woodside finalises plan for $27B Louisiana LNG project
Woodside has signed off on the development of a $27 billion LNG facility in Louisiana that will see the company become one of the world's largest producers of natural gas by the 2030s.
Construction PRO
VSD Investments can’t block $8.5M payout to Builtcom despite appeal
Developer VSD Investments has lost an argument for withholding an $8.5 million payment claim from the builder of a 30-storey project in Sydney's inner west pending the construction company's appeal.
Construction PRO
Self-storage REIT acquires stake in Abacus Storage
Self-storage investor National Storage REIT has acquired a stake in rival Abacus Storage Kings, which is currently mulling a $1.9 billion takeover offer from a rival.
Construction PRO
Seasons of Perth Hotel owner seeks to quash review determination
The owner of the Seasons of Perth Hotel seeks want to quash a review determination of an adjudicator's decision in its dispute with hotel construction company Reward Group over performance bonds for work on the hotel.
Keybridge to stay in administration pending Nick Bolton appeals
Keybridge CEO Nick Bolton has won a stay of orders ending the company's administration as he appeals that ruling and another that found he and two other directors were validly removed and replaced at a board meeting.
Construction PRO
K&L Gates snags projects partner from White & Case
K&L Gates has hired a White & Case partner with over 25 years of experience on major projects to join its Melbourne office.
Construction PRO
Amcor takes long-running remediation fight with Glenvill to High Court
The High Court has been asked to weigh in on when a court should step in when the machinery governing the entitlement to payments in a contract breaks down, in a dispute between luxury home builder Glenvill and Amcor over asbestos remediation at an industrial site in the Melbourne suburb of Alphington.