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Man sentenced for insider trading in relation to $776M Westfarmers deal
A Melbourne man has been sentenced to 18 months imprisonment after pleading guilty to trading while in possession of inside information in advance of Westfarmers' $776 million acquisition of lithium company Kidman Resources in 2019.
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High Court won’t hear unreasonable transaction case over Adelaide CBD property mortgage
The liquidator of a company created to invest in an Adelaide building has failed in a High Court bid to reinstate a finding that the mortgage over the property was an unreasonable director-related transaction.
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Woodside’s North West Shelf extension wins final approval
Woodside has won government approval for the 40-year extension of its North West Shelf project, subject to conditions that include protecting the World Heritage listed Murujuga rock art.
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Real estate lawyers on notice as new guidance drops on climate advice
Fresh guidance by the peak legal body in NSW in response to major developments in climate law impacts lawyers advising on real estate deals, who face potential negligence claims for failing to warn clients of the emerging risks.
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Developer can exit cladding class action to bring $15M case against Halifax
Sydney developer Tiptell has won its bid to exit a combustible cladding class action against 3A Composites and Halifax to bring its own claim for $15 million.
Brittany Higgins ordered to pay 80% of Linda Reynolds’ costs in defamation case
Brittany Higgins must cover 80 per cent of Linda Reynolds' legal costs on top of $315,000 in damages the former senator was awarded in her defamation case over social media posts that implied she mishandling Higgins' rape allegations against Bruce Lehrmann.
Labour hire firms double down on recusal bid in FWC cases
A group of labour hire firms are continuing their push to disqualify former Labor MP turned Fair Work Commission deputy president Terri Butler from same job, same pay cases by the union representing coal miners.
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Acciona tapped to build Eyre Peninsula desalination plant in SA
Infrastructure giant Acciona has been given the nod as the construction partner for the Eyre Peninsula desalination plant in South Australia's Port Lincoln, as states ramp up investment in climate-independent water.
Construction PRO
Oscars pays $30M for Lendlease Barangaroo development
Private hospitality group Oscars has paid $30 million for a Lendlease commercial and retail development in the harbour precinct of Barangaroo.
Wollemi Capital resolves trade mark spat with Tesla chair’s family office
CBA-backed venture capital firm Wollemi has reached an agreement to resolve a trade mark dispute with the family office of Tesla chairwoman Robyn Denholm.