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Error costs Hino class action firm further cut to $87M settlement share
A self-disclosed error in modelling by the law firm that ran a class action against Hino Motors has cost the firm an even deeper cut to its payout than the $6 million lopped off its settlement share last year.
Construction PRO
IFM prepared to mop up Dexus shares, take 45% stake in APAC, court told
Institutional asset manager IFM Investor was ready to sweep up Dexus' shares in Melbourne Airport operator APAC under a forced sale process triggered by a default notice for alleged confidentiality breaches, a court heard Tuesday.
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Heran Group’s appeal fails in payments spat over $128M beachfront development
Queensland developer York Property has lost its appeal of a ruling that held an adjudicator erred in finding $4.7 million in costs over alleged façade defects should be deducted from amounts owed in a payments spat with a builder Tomkins. 
Construction PRO
Court trashes DOCA for Descon-Adcon entities, clears way for investigations
A deed of company arrangement for three companies associated with developer Descon-Adcon has fallen apart after former boss Danny Isaac failed to make a $5 million contribution required under the rescue plan. 
Judge questions merits of class closure in J&J cold meds class action
A judge hearing a class action against J&J over allegedly ineffective cold medications has questioned the merits of soft class closure in large consumer cases where participation is likely be low, just days after another judge raised similar concerns in a case against Toyota. 
Construction PRO
APAC chair denies being ‘disingenuous’ in removing HSFK’s Dexus remedy advice
The chair of airport operator APAC has admitted redacting advice from Herbert Smith Freehills Kramer to remove a suggested remedy for major shareholder Dexus' alleged breach of confidentiality, but denies she misled the board.
Construction PRO
Dexus GC admits omission of side letters with share bidders misled APAC
A top in-house lawyer at Dexus has told a court the real estate asset manager was using an altered form of a non-disclosure agreement with bidders of a portion of its APAC bloc of shares without the approval of the airport operator's co-owners.
Construction PRO
Veolia’s Hampton Park waste facility doesn’t pass smell test, tribunal says
A tribunal has declined to approve a planned Veolia waste consolidation facility 220 metres from a residential area, after receiving hundreds of objections that expressed concerns about odour.
Construction PRO
Victorian council hit with $15.2M judgment in cricketer’s negligence suit
A 27-year old cricketer who will be permanently bound to a wheelchair has won a $15.2 million judgment against a local council over its failure to install pedestrian gates at a convenient location near the cricket grounds, with a judge finding this led to players routinely jumping a fence to exit. 
Construction PRO
Funder looks to press on with WestConnex class action against TfNSW
The funder that's backing a class action over land compulsorily acquired for Sydney's WestConnex road project has filed an application to substitute the lead applicants, amid an ongoing fight about whether the case should be discontinued.