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Judge raises concerns Blue Sky shareholder class action ‘drifting’
A judge has expressed worries that a class action against EY and collapsed Blue Sky Alternative Investments is “drifting” amid concerns from the defendants about "indulgent" discovery and potentially “significant” pleading changes.
Solicitor removed from roll over profanity-laden emails to Mills Oakley
A Sydney lawyer who sent profanity-laden emails to a Mills Oakley partner during a dispute with the Salvation Army and his mother-in-law over payment of a refundable deposit has been struck off the roll.
Construction PRO
Indigenous group to get cut of profits in first-of-its-kind BESS deal
Ashurst has advised renewable energy company AMPYR Australia on a novel equity partnership and participation model with the Aboriginal community for a battery energy storage system in NSW's Central Western Slops region.
Discrimination class action against NT police could raise ‘massive issue’: judge
A racial discrimination class action against the Northern Territory government and its police commissioner could "call into question" policing across the territory, a judge has said.
Construction PRO
Alceon picks up Gold Coast shopping centre for $142M
Investment firm Alceon and retail consultancy Aktiv have acquired major Gold Coast shopping centre The Strand Coolongatta for $142 million, with plans to upgrade the site.
Construction PRO
Builder banned for five years after leaving 300 creditors out $94M
A former director of three construction companies that collapsed with debts of almost $94 million has been banned by the corporate watchdog from managing corporations for five years.
ACCC won’t oppose Omnicom’s $21B acquisition of Interpublic
The ACCC will not oppose the Omnicom Group’s planned $21 billion acquisition of The Interpublic Group of Companies, with the regulator finding the transaction was not likely to substantially lessen competition.
Construction PRO
Clifford Chance launches construction team in Australia
Global law firm Clifford Chance has launched a construction practice in Australia after nabbing a special council from Pinsent Masons to lead the group.
Moderna patent for mRNA vaccine knocked back, for now
Flu vaccine maker Seqirus has successfully opposed Moderna’s proposed patent for a mRNA vaccine, but an IP Australia delegate said the problems with the patent can be overcome by amendments.
Royal Hotel recruiter accused of flouting FWC order in pregnant worker’s case
The Fair Work Ombudsman has launched action against a labour hire company for allegedly failing to pay compensation to a pregnant worker sacked from the Royal Hotel Granville.