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Construction PRO
Court rejects appeal of $10M judgment for breach of retirement village development deal
The Victorian Court of Appeal has rejected a company's bid to overturn a decision ordering it to pay nearly $10 million in damages for loss of opportunity in relation to a retirement village development.
Noumi’s ex-boss might take stand in ASIC case over inventory disclosures
The former managing director and CEO of food company Noumi may give evidence at trial in the corporate regulator's case next year.
Phoslock class action doesn’t have to bear costs from competing case
A judge has found a shareholder class action against water treatment company Phoslock and auditor KPMG should not bear the costs incurred by a competing case for preliminary discovery.
Construction PRO
The Star in talks with Salter Brothers on $940M refinancing
Struggling casino operator The Star is in talks with investment manager Salter Brothers on a potential $940 million refinancing of all of its debt.
Construction PRO
Lendlease wins contract for National Gallery of Victoria expansion
Lendlease has been awarded a major contract for construction on a new National Gallery of Victoria building to showcase contemporary art, which recently received a $100 million philanthropic cash injection.
‘Too dangerous’: Judge wants express waiver to hear AUSTRAC’s case against Star
A judge hearing two enforcement cases by regulators against embattled casino operator Star Entertainment has flagged the potential appearance of bias if he continues to preside over both proceedings.
Construction PRO
Superintendent to be dragged into Dymocks’ $4.5M suit over award-winning roof
Dymocks Book Arcade wants to join a project's superintendent to a $4.5 million lawsuit over a defective roof at a property on the NSW North Coast.
Environment minister taken to court by Wilderness Society over 11 species
The Wilderness Society has sued the federal environment minister alleging she has failed in her duty to create recovery plans for 11 species at risk of extinction.
Construction PRO
Bankrupt property developer cops 6-year ban by ASIC
Bankrupt property developer and 'God Made Millionaire' author Andrew Bodnar has landed himself on the corporate watchdog's disqualified persons list for the second time.