Industries

Sportsbet has argued that the lead plaintiff in a class action over alleged unlawful in-play betting services should hand over communications he had with his solicitor before he signed a retainer. 

A Phoenix Property Investors special purpose vehicle has won a $57.75 million judgment against developer Rockdale Central Finco in a dispute over financing related to the construction of 50 residential apartments in a southern Sydney suburb.

A Western Sydney council has lost its bid to keep expert evidence in an arbitration with a builder under wraps in its $7 million case alleging a Sydney architect is liable for defects in a tennis court complex. 

IFM Investors has sold Scoresby Industry Park in Melbourne's east to Hale Capital Partners for more than $100 million.

Dexus has secured more than $600 million in new capital investments for its flagship fund, including $500 million from a first-time superannuation investor in the fund. 

Roberts Construction has dodged a bid for security in proceedings seeking to claw back money it paid to a labour hire company, with a judge noting the presumption of insolvency was only established in a limited, “technical sense" in prior proceedings. 

Despite its loss in a class action against Queensland power companies, which has put it on the hook for $32 million in costs, funder LCM has avoided calls for cash security in a representative proceeding over toll road charges.

A judge has said women who donated eggs to their same-sex partners and were removed from a class action over IVF rebates could potentially revive their claims, but the lead applicant has not yet indicated whether she will pursue this path.

Ampol has offered to divest 41 sites to win ACCC approval for its $1.1 billion acquisition of EG Australia, after the regulator started a phase two review into the tie-up.

ASX-listed data centre operator NextDC has raised $750 million from a subordinated wholesale notes offer, bringing its cash pile to $6.6 billion.