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Construction PRO
Clive Palmer suffers another loss in $300M fight over iron ore project
Clive Palmer has lost another legal battle over Western Australian legislation shielding the state from the fallout of a decision barring a proposed Pilbara iron ore project, with a Swiss court rejecting his challenge to a tribunal's finding that it had no jurisdiction to hear the $300 billion dispute.
Construction PRO
Harassment suit accuses Savills of ‘boys club’ culture
US real estate firm Savills has failed to summarily dismiss a lawsuit alleging sexual harassment, which a judge said if true "indicated a culture of discriminatory sexist behaviour of a serious kind".
Construction PRO
Law firm client abrogated privilege in emails made to further fraud: court
A former client of law firm Chamberlains, which is facing a costs order in a building dispute, relinquished privilege in his communications to his solicitors because they were made in furtherance of fraud, a court has found.
KPMG failed to square contradictory evidence in Arrium accounts, court told
KPMG failed to bring the necessary scepticism to the task of auditing failing steel manufacturer Arrium, instead leaving contradictory evidence unresolved and giving the company a clean bill of health, a shareholder class action has told the court.
Sportsbet says class action’s gross loss claim fails pub test, court told
Hitting back at a class action's claims that it breached gambling laws with its 'fast code' betting, Sportsbet told a trial judge on Tuesday its representatons about the service were true, and that in any case punters weren't entitled to damages that didn't account for winnings.
Domino’s could be on the hook for $10M in costs after losing underpayments class action
A judge has rejected Domino's bid for a 30 per cent reduction in the costs it owes after losing an underpayments class action, saying the pizza chain will likely be on the hook for around $10 million in costs.
‘Worse than terrible’: Class action tells trial Nuix IPO should not have gone ahead
A shareholder class action against Nuix has argued that its IPO should never have gone ahead, taking the court to email exchanges about its history of disappointing results, which the tech company's former CFO called "worse than terrible".
‘Systemic overoptimism’ left $2B impairment off Arrium books, court told
A shareholder class action against KPMG and ex-Arrium directors says the company's accounts were infected by "chronic and systemic overoptimism", with the former operator of Whyalla Steelworks portraying as viable a business that was impaired up to $2.8 billion.
Construction PRO
InterContinental owner loses challenge to $160M Sydney mixed-use tower
The owner of Sydney's InterContinental Hotel has lost its challenge to the approval for a mixed-use tower at the site of the neighbouring Sir Stamford Hotel.
Construction PRO
Urbex sues over $59M contract for Melbourne development
Developer Urbex has launched proceedings seeking the return of a $2.85 million deposit on a $59 million contract to buy a development site in Melbourne's east, saying it validly terminated the agreement after an adverse contamination and geotechnical report.