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Construction PRO
Insurer AIA, fresh off losing a bid to be severed from a class action over alleged combustible cladding installed in two high-rise towers in a Sydney suburb, has lobbed cross-claims at the towers' architect and builder.
A judge has dismissed a class action alleging Homes Victoria decided to demolish public housing towers in Melbourne without consulting residents, saying the government agency’s power to redevelop land “is not conditioned on observing procedural fairness”.
Construction PRO
The High Court has refused special leave to Transport for NSW to weigh in on a dispute over the value of land acquired near the Western Sydney Airport.
Australia’s largest brick manufacturer Brickworks has settled a competition case brought against rival BGC, a company founded by billionaire Len Buckeridge.
Construction PRO
The NSW Independent Commission Against Corruption will conduct a public inquiry into whether former School Infrastructure NSW CEO Anthony Manning and others improperly awarded contracts and jobs to their friends.
Construction PRO
JB Asset Management has clawed back $3 million from a scuttled real estate deal involving LBA Capital, almost a year after LBA’s director was jailed for fraud.
Payments by bottler Schweppes Australia to US drink giant PepsiCo should be assessed as royalty income under tax law, the ATO has told the High Court in a high-stakes case.
A unit of collapsed start-up StrongRoom AI has warned creditors of its parent company that recent freezing orders need to be tweaked to allow it to continue trading, or there may be little money left to argue over.
A judge has said he is satisfied that GM's concerns about a class action's "circular" explanation of alleged design flaws in certain Holden vehicles are "not trivial".
Fitch Ratings has lost its bid for summary dismissal of claims in a class action over allegedly rosy ratings for risky derivative financial products issued 17 years ago on the basis that they are time-barred.