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Construction PRO
Clough loses appeal in spat with EnergyConnect JV partner
Engineering firm Clough Projects Australia has lost its challenge to a judge's decision that stayed a $55 million cross-claim against former EnergyConnect joint venture partner Elecnor but kept Elecnor's case alive.
Judge’s ‘extraordinary’ swipe at peers may do more harm than good: expert
A judge's public shaming of colleagues for delays in judgment delivery was an "extraordinary intervention" that risked undermining confidence in the judiciary, an expert warns, as the federal Attorney-General says a judicial commission remains under consideration.
ASX agrees to $20.5M penalty on eve of trial in ASIC’s case
ASX Limited has reached a settlement with the corporate regulator just hours before a scheduled trial in a case over a market announcement that said its CHESS replacement project was “progressing well”.
‘Egregious delays’: Judge calls out six colleagues for tardy decisions
An outspoken Federal Court judge has taken some of his colleagues to task over the slow delivery of judgments, naming six of his fellow jurists for a "most regrettable state of affairs".
Construction PRO
Court won’t block DOCA or developer of $1.8B Halo skyscraper
A court has dismissed a bid to temporarily block a deed of company arrangement for Halo Tower developer FT Sydney, after hearing an injunction might jeopardise a sale to Cbus Property, set to settle in July.
Construction PRO
APAC board’s Dexus contingent suspended, forced sale to proceed
The forced divestiture of Dexus' stake in airport operator APAC will proceed, after a court on Friday discharged injunctions temporarily blocking the sale amid a dispute over the disclosure of confidential information.
Construction PRO
High Court takes up arbitration issue in dispute over Bass Strait royalties
The High Court has agreed to weigh in on whether a judge needs to consider the details of an arbitration agreement before staying related proceedings, in a suit over a project for extracting hydrocarbons in the Bass Strait.
EVP can bring case against bankrupt Strongroom AI founder
Venture capital firm EVP has won court approval to pursue claims against bankrupt Strongroom AI founder and former director Christopher Durre.
Construction PRO
Sev.en flags misleading conduct case over sale of Millmerran stake
Power plant investor Sev.en has filed an urgent application for access to the financials of Millmerran Power Station as it looks to sell its stake in the energy infrastructure asset, saying it may have claims of misleading conduct.
Construction PRO
Maddocks elevates construction partner to CEO role
Maddocks has elevated a construction partner with over 20 years of experience at the firm to serve as its next CEO.