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Construction PRO
US property giant CoStar makes $2.7B play for Domain
Nine-owned Australian property marketplace Domain is weighing up a $2.7 billion cash takeover offer from US-based CoStar Group, which snapped up a 16.9 per cent share in the company on Thursday.
Construction PRO
Stockland locks in $800M in deals with KKR, M&G Real Estate
ASX-listed Stockland has secured two new logistics deals with global investment firm KKR and property investor M&G Real Estate worth a total of $800 million. 
Construction PRO
Court approves $30M development in Sydney’s bayside
The Land and Environment Court has been persuaded to approve a $30 million mixed-use development in central Rockdale, after initially rejecting the proposal.
Allergan may bring ‘state of the art’ defence in breast implants class action
US drug maker Allergan may defend a class action over recalled textured breast implants by arguing its knowledge of the alleged defects was limited by the state of scientific knowledge at the time the products were made.
CFMEU, Setka taken to court for alleged threats to AFL umpire
The Fair Work Ombudsman has sued the CFMEU and its former Victorian secretary John Setka for allegedly trying to coerce the AFL into sacking its head of umpires for bringing over 50 court cases against the union.
WiseTech shareholder class action loses bid for early discovery
A judge has declined an early bid for broad discovery in a shareholder class action against tech firm WiseTech, after hearing it would require the production of "truckloads" of irrelevant material.
Brickworks drops predatory pricing claim against rival BGC
Australia’s largest brick manufacturer Brickworks has dropped a central claim in its competition lawsuit against a rival founded by billionaire Len Buckeridge. 
Class action fends off Clydesdale Estate liquidator’s bid to ‘destroy’ claim
A class action on behalf of people who purchased off-the-plan homes in the Clydesdale Estate in north-west Sydney has won a dispute with the liquidator for the collapsed developer.
Salter Brothers defeats clients’ suits over ‘misleading’ visa investment fund
A judge has dismissed lawsuits brought by three former Salter Brothers clients alleging they were misled about an investment fund marketed as part of a visa program to migrate to Australia.
Construction PRO
Judge slams lawyers for ‘inexcusable’ delays in case against Sydney Metro
A judge has warned the lawyers for the owners of the City Mutual Building in Sydney's CBD about failing to comply with court directions, saying their "inexcusable" delay in providing evidence could not be forgiven just because it was a compulsory acquisition matter.