Jones Day has lured a real estate expert from Clayton Utz to join its Brisbane office as a partner.
The ACT government is pushing for an initial trial dealing with “gateway questions” in a class action over alleged forced relocations of public housing tenants, after it lost a bid to summarily dismiss the case.
Developer Geocon has lost its bid to strike out claims in a case over Canberra’s Infinity Towers that it breached statutory warranties, with a judge saying it was a difficult legal issue best left for trial.
Centuria Capital Group has divested an office block in Sydney’s southern suburbs for $116 million after holding it for nine years.
Liquidators of Snowdon Developments have brought proceedings against building suppliers to claw back more than $2 million in payments they say were made while the Victorian developer was insolvent.
Companies in Sanjeev Gupta’s steel empire, including the collapsed owner of Whyalla Steelworks, has been hit with action for allegedly failing to lodge annual reports with ASIC.
ASX-listed Investment manager Regal Partners has acquired 50 per cent of real estate investment platform Ark Capital Partners, as well as a five-star luxury hotel in Adelaide for $75 million.
Builder Richard Crookes has won a contract to rebuild the historic Powerhouse Museum, with two museum buildings found to have unsafe steel structures that will need to be replaced.
Fawkner Property Group has acquired a shopping centre in Far North Queensland for $34 million, its third recent shopping centre purchase in the region.
The administrators of Roberts Co have recommended that creditors accept a deal from founder Andrew Roberts that would see a cash contribution of $17.4 million to release Roberts and others from any claims.