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Construction PRO
Infrastructure fund manager Dexus must pay a total of $30 million in legal costs to Australia Pacific Airports Corporation and fellow APAC shareholders, after losing its case over a default notice that has forced a sale of Dexus' stake in the airport operator.
Construction PRO
Hearing a fight over $40 million in costs in a case over the sale of Dexus shares in Australia Pacific Airport Corporation, a judge has said he doubts the airport operator can recover the hundreds of thousands of dollars spent on a media consultant during the dispute.
Construction PRO
The Australian Centre for International Commercial Arbitration wants to make submissions in a High Court challenge to an arbitration ruling in a dispute with Esso over Bass Strait hydrocarbon royalties.
Construction PRO
A fight over the sale of Dexus' shares in Melbourne Airport operator APAC “may well” go to the High Court, a judge said Friday, as the infrastructure asset manager tells the court the sale may be in the “many billions of dollars".
Construction PRO
Dexus is challenging the costs claimed by its opponents in a case over the sale of shares in Melbourne Airport operator APAC, calling out billed items that include after hours Uber Eats charges.
Litigation funder Omni Bridgeway is challenging a decision that halved its $71 million commission in the Robodebt class action, which settled for $550 million.
Construction PRO
Super trustee REST Nominees has dodged indemnity costs but is still on the hook for paying a "cast of thousands" after losing a bid to temporarily block the sale of the Dexus bloc of shares in Melbourne Airport operator APAC.
Construction PRO
The High Court has agreed on an early November hearing date in a dispute over Bass Strait hydrocarbon royalties, despite a plea to the heavens by counsel for Esso and Woodside.
Construction PRO
REST Nominees has lost an injunction bid barring the sale of the Dexus bloc of shares in Melbourne Airport's operator pending an appeal, after refusing to give an undertaking that it foot the entire damages bill if its challenge fails.
Construction PRO
Airport operator APAC says a default notice sent to Dexus over confidentiality breaches is at least valid against shareholders that initiated a botched sales process, hedging its bets in an appeal of a ruling that forces a sale of the asset manager's entire stake.