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Construction PRO
Developer wins $200M in challenge to Sydney Metro compulsory land acquisition
Coombes Property Group has been awarded $200 million in compensation for Sydney Metro’s compulsory acquisition of its CBD property, despite contending it was entitled to $430 million.
Synagogue head wins $120,000 in defamation suit over Nine newspaper columns
A former synagogue president has won $120,000 in damages after suing The Age and two journalists over articles that accused him of unilaterally inviting a convicted spy to speak at an event.
Court orders HCF to pay $750K for misleading life insurance term
HCF Life insurance has been hit with a $750,000 penalty for including a pre-existing condition term in a life insurance policy, which a judge found was likely to mislead.
Lack of proof in CBA class actions can’t be ‘laid at bank’s feet’: appeals court
The failure of two class actions to prove loss linked to the Commonwealth Bank's disclosure breaches was not the fault of the bank, an appeals court has held in dealing the latest blow to shareholder group proceedings. 
Keybridge CEO Nick Bolton loses challenge to removal by board
An appeals court has rejected Keybridge CEO Nick Bolton's challenge to a ruling that found that he and two other directors were validly removed at a board meeting, finding in favour of shareholder WAM Active. 
$59M settlement reached in rate-rigging class action against banks
A $59 million settlement has been reached in a long-running class action accusing five major banks of foreign exchange rate-rigging.
Construction PRO
Insurer defeats $13M claim by Parklea development owners corporation
The owners corporation of a 98-unit Parklea development by defunct builder Dyldam Developments has failed in its attempt to claim insurance for building defects in a property completed 17 years ago, with a court finding that time was up. 
SMBC can’t access King & Wood Mallesons docs in $34M case against Humm
SMBC has lost a bid for documents connected to King & Wood Mallesons opinions in its suit against fintech Humm linked to the Forum Finance fraud, with a court saying the Japanese bank did not share joint privilege over the material.
Construction PRO
Parkview points finger at architect, surveyor in Australia Towers cladding claim
Parkview Constructions is seeking to bring negligence claims against Bates Smart and McKenzie Group in a lawsuit over alleged combustible cladding at Australia Towers in Sydney Olympic Park.