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Lendlease in joint venture negotiations with Crown Estate
Construction 2025-05-15 11:17 pm By Julia Kanapathippillai

Lendlease has confirmed it is joint venture talks with the British Monarch’s land and property management company to develop a portfolio of projects in the UK.

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Sumitomo takes 30% stake in Rio Tinto’s WA copper-gold project
M&A 2025-05-15 11:01 pm By Julia Kanapathippillai

Rio Tinto has signed a $430 million partnership agreement with Japan’s Sumitomo Metal Mining Co. to fast track development of its copper-gold project in Western Australia’s Great Sandy Desert.

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Jeanswest has $26M in lease debt, but administrators courting brand buyers
Restructuring & Insolvency 2025-05-15 11:17 pm By Julia Kanapathippillai

Collapsed clothing brand Jeanswest has nearly $26 million in lease liabilities on stores nationwide, but buyers may bite, administrators have told the Federal Court.  

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Alvarez & Marshal nabs Deloitte pair amid expected uptick in insolvencies
Business of Law 2025-05-14 11:50 pm By Sam Matthews

Professional services firm Alvarez & Marshal has bolstered its Australian restructuring team with the addition of two Deloitte veterans.

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Star’s former CEO not responsible for ‘every aspect’ of business, court told
Trials 2025-05-13 11:45 pm By Cindy Cameronne

The former CEO of the Star was not responsible for every aspect of the business and instead played a “supervisory role”, a court has heard in ASIC’s case over the casino’s money laundering failures. 

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Construction PRO
Dexus entitled to have spat over Bragg Centre lease heard by court, judge says
Real Estate 2025-05-14 11:38 pm By Christine Caulfield

A judge has refused to stay a lease dispute between landlord Dexus and South Australia’s premium medical research centre in favour of a contractual dispute resolution mechanism, saying it would be “unjust” to deprive Dexus of a court hearing.

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Lendlease claims privilege over legal advice, messages to ATO in ‘tax dodge’ case
Tax 2025-05-14 11:16 pm By Julia Kanapathippillai

Lendlease has told a court that documents relied on by an ex-Greenwoods and Herbert Smith Freehills partner in his case contain privileged legal advice and without prejudice communications with the Australian Tax Office.

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Construction PRO
Gilbert + Tobin lures energy partner from Allens
Allens 2025-05-14 11:26 pm By Julia Kanapathippillai

Gilbert + Tobin has snagged an Allens partner with expertise on major transactions and projects for its energy, infrastructure and resources group.

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‘Chorus of deflections’: ASIC slams Star board’s ‘apathy’ over AML/CTF breaches
Trials 2025-05-12 11:40 pm By Cindy Cameronne

Star Entertainment’s management and board cannot shirk responsibility for turning a blind eye to money laundering risks by pointing the finger at each other, ASIC has told a court.

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Lack of proof in CBA class actions can’t be ‘laid at bank’s feet’: appeals court
Class Actions 2025-05-08 11:34 pm By Cindy Cameronne

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. 

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