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Construction PRO
A Potts Point hotel previously owned by former pub baron Jon Adgemis has reportedly been sold to hospitality group Oscars for $20 million.
An appeals court has shaved nine months off ex-investment banker Rodney Forrest's prison sentence for insider trading, after he accessed confidential information from the computer of Platinum Asset Management's chairman about a takeover offer.
Construction PRO
A developer linked to Keystone Asset Management has failed to persuade the Full Federal Court to exempt three family trusts from a $158 million freezing order.
ASIC has wrapped up its case against regional airline Rex without evidence from its former executive chairman, who reversed course this week and admitted he misled investors and breached his directors duties.
Months after its applicant was awarded $93,000 in damages for an "egregious" strip search at a music festival, a class action is locked in a new battle over the assessment of group member damages, accusing NSW of trying to relitigate the case.
Construction PRO
A Qube unit and a developer have lost their bid to revive a $20 million suit against the Department of Defence over asbestos contamination at the Moorebank Intermodal Precinct, with an appeals court finding the department wasn't required to return the land to "pristine" condition.
IAG is fighting a shareholder class action's bid to amend against the case to include a new damages claim, telling the court the insurer already understands the case against it.
Construction PRO
A unit of developer Heworth has lost its bid to set aside a notice to produce served by Transport for NSW in relation to its claim for compensation over the compulsory acquisition of the Balmain Leagues Club site.
A case launched by the directors of the defunct Melbourne Rebels against the club's administrators, which sought to avoid liability for players' PAYG tax, has been discontinued.
Construction PRO
Investors have settled a case against HWL Ebsworth and a former partner that alleged the firm was liable for lost money in connection with projects by property developer Belmore 88.