Dexus faces allegations it breached a shareholder deed in selling a stake in the privately-owned Asia Pacific Airport Corporation, which operates Melbourne and Launceston Airports.
A geological consultant for gold mining company Beacon Minerals has pleaded guilty to insider trading, while a former project manager for the company maintains he is not guilty.
A litigator with the corporate regulator has returned to private practice, joining BigSix firm MinterEllison as a partner on the dispute resolution team.
Deakin University is suing builder Hanson Yuncken seeking $14.3 million for alleged defects on a building at its Burwood campus.
Lendlease has confirmed it is joint venture talks with the British Monarch’s land and property management company to develop a portfolio of projects in the UK.
Rio Tinto has signed a $430 million partnership agreement with Japan’s Sumitomo Metal Mining Co. to fast track development of its copper-gold project in Western Australia’s Great Sandy Desert.
Collapsed clothing brand Jeanswest has nearly $26 million in lease liabilities on stores nationwide, but buyers may bite, administrators have told the Federal Court.
A judge has refused an eleventh-hour application by administrators for Strongroom AI for court approval of a sale offer ahead of a second creditors meeting, likening the bid to “putting a gun to the court’s head”.
Lendlease has told a court that documents relied on by an ex-Greenwoods and Herbert Smith Freehills partner in his case contain privileged legal advice and without prejudice communications with the Australian Tax Office.
The South Australian government has flagged new legislation to clarify ownership of the Whyalla Port following legal action to wrest control of the port from Sanjeev Gupta’s GFG Alliance.