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Macquarie’s car loan class action settlement wins court OK
A judge has signed off on Macquarie Leasing's settlement in one of three class actions against lenders over flexible commissions paid to car dealers.
Construction PRO
Offsetting case tossed in contract dispute over Hazelwood power plant
A court has rejected a bid by a Hazelwood power plant contractor to pursue an offsetting claim for an alleged breach of confidentiality in response to a $1.7 million demand from a subcontractor.
Reject Shop class action appeals after judge bars retroactive amendments
The applicant in an employment class action against The Reject Shop is appealing a court decision that found it could amend the case and redefine the group members but not retroactively.
‘Dangerous mirage’: Another lawyer referred to watchdog for AI-hallucinated cases
Another solicitor has been reported by a court to the legal watchdog and personally socked with costs for citing non-existent authorities generated by an artificial intelligence program.
Construction PRO
Transgrid contractor Elecnor appeals win for union over $3.6B EnergyConnect project
Transgrid contractor Elecnor is seeking to appeal a ruling that found it unlawfully denied the Electrical Trades Union access to 47 migrant workers on Australia’s largest transmission project.
ASIC holds no ‘special position’ when it comes to indemnity costs for doomed cases: judge
The corporate regulator should not be immune from the risk of special costs for actions doomed to fail, says a judge who flayed ASIC last month for bringing a case against TerraCom directors it should have known was a dud.
Construction PRO
Salta sells off 50% stake in Melbourne’s Preston Market to Medlich
Property group Salta has shed its 50 per cent interest in Preston Market to long-standing co-owner Medlich as part of a strategy to expand its build-to-rent business.
Construction PRO
Builder has no separate right to compensation for Brisbane rail land grab, court says
A Queensland construction company that bought land following its resumption by a state government agency is not entitled to be compensated for the land grab, a court has found.
Construction PRO
Mapletree sells off Woolworths-backed Victorian logistics hub for $60M
Real estate investor Mapletree Logistics Trust has sold its logistics facility in Victoria's Wodonga  for $60 million, saying the hub was no longer in line with its investment strategy.
NAB hit with $15.5M penalty for mishandling financial hardship requests
National Australia Bank and its home loan lender subsidiary have been ordered to pay a $15.5 million penalty after admitting to mishandling hundreds of customer hardship applications.