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Construction PRO
Special Gold liquidator can advance claims against Dyldam
A judge has ruled the liquidator of Special Gold can advance claims against Dyldam Developments, which the collapsed Sydney developer has called "hopeless".
Construction PRO
Kent Projects can’t escape fraud claims by CFMEU
The engineering company behind the world-first Kwinana energy transformation hub in WA has lost a bid to strike out fraud claims from a case by the CFMEU over an enterprise agreement covering maintenance workers.
Construction PRO
New apartment construction figures sink to 13-year low, data shows
Indicative of Australia's housing crisis is new data showing a drop in apartment construction, according to the country's peak building group, with last year the worst for higher-density home building since 2011.
United Petroleum franchisee class action ordered to pay $3.7M in security
A franchisee class action against United Petroleum over alleged loss-making Pie Face stores has been ordered to hand over $3.7 million in security, with a judge finding it was not likely to stultify the class action.
IC Markets wants deadline on class action’s search for sample group member
Brokerage firm International Capital Markets says a class action over risky financial products must put up or shut up when it comes to claims in the case that neither applicant has standing to bring.
Clorox hit with $8.25M penalty for greenwashing
Clorox has been hit with a $8.25 million penalty for representing to consumers that certain GLAD garbage bags were sourced from plastic fished from the ocean.
ASIC takes Wiluna Mining to court over $57M capital raising announcement
The corporate regulator has brought enforcement action against Wiluna Mining, accusing the gold mining operation of misleading conduct over a capital raising a month before it went under.
Construction PRO
Clayton Utz signs 12-year lease for new Canberra digs
Clayton Utz has become the latest tenant in a new commercial precinct under development in Canberra's CBD.
Construction PRO
Dexus sues SA’s flagship medical institute over unsigned 30-year leases
Real estate landlord Dexus is suing South Australia's medical research insitute for failing to execute on 30-year leases to occupy Adelaide's Australian Bragg Centre, despite "repeated demands".