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Lendlease and other major builders have secured a significant victory in a long-running case brought by the liquidators of failed engineering company Hastie Group, with a judge saying Hastie wasn't entitled to the proceeds of bank guarantees withdrawn by the builders when it collapsed 10 years ago.
Queensland crane company NQCranes has agreed to pay a $1 million penalty in the Australian Competition and Consumer Commission’s case alleging it engaged in a conspiracy with a multinational rival to divide the Brisbane and Newcastle markets.
A judge has rejected a bid to add an insolvent trading claim to a $78 million class action over the collapse of Walton Construction, citing “extraordinary” delays in the three-year-old case.
In a boost to shareholder class actions, the High Court has dismissed an application by engineering services firm Worley to appeal a finding that companies should disclose to the market forecasts that ought reasonably to have been held.
Thomson Geer has snagged a construction disputes specialist from Clayton Utz to bolster its growing construction team in Sydney.
Property developer Deicorp has secured a win in a lawsuit brought by a Hong Kong real estate billionaire after Deicorp reneged on a $45 million property deal, with a judge finding the purchaser failed to properly nominate its special purpose vehicle under the contract for sale.
A $13 million commission sought by the funder that bankrolled the Opal Tower class action is stalling settlement approval, as debate continues over whether the funder can recoup the costs of after-the-event insurance from group members.
Russia’s recent challenge to the Commonwealth’s allegedly unreasonable decision to terminate its lease to build a new embassy in Canberra could be heard in early 2023, amid concerns key witnesses could soon be kicked out of the country altogether.
A judge has raised concerns about the utility of referring a satellite dispute over whistleblower protections to the Full Court in a $13 million lawsuit brought by an ex-Greenwoods & Herbert Smith Freehills partner.
A judge has ordered a Victoria local councillor to pay a developer $205,000 in damages after finding he was responsible for comments on a community Facebook page he ran that alleged the developer was corrupt.