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BHP class action can expand group definition, but not retroactively
A class action against BHP can include in the group member definition investors who bought shares on secondary platforms, but the change can't apply retroactively.
NAB super fund trustee says failed class action rejected $25M offer
Former NAB superannuation fund trustee NULIS is seeking the first ever award of indemnity costs in a class action that flopped following the rejection of a settlement offer.
Construction PRO
BESIX Watpac, Frasers in court over billion-dollar Sydney developments
BESIX Watpac and Frasers Property are fighting claims they are liable for defects in two residential complexes in the Sydney suburb of Chippendale, including the $2 billion One Central Park towers.
Construction PRO
Lendlease abandons $10M land claim in fight with Macarthur-Onslow family
Lendlease has abandoned its bid to purchase a parcel of land owned by one of Australia’s oldest families for well below market value as part of its project to develop 6,700 homes in Campbelltown, Sydney.
Construction PRO
Investa partners with the Salvos on Sydney CBD ‘studio living’ project
Property developer Investa and The Salvation Army have partnered to develop a $230 million 'Studio Living' apartment building in Sydney's CBD.
‘Red flags, red suitcases’: Star GC warned of unacceptable risk, court told
A former Star executive agreed to renew the casino’s relationship with a junket with organised crime links despite Star Sydney's GC warning of suspicious transactions, a court has heard. 
Construction PRO
Developer wins stay of judgment debt for builder over $14M Taringa Coles
A court has granted a rare stay over a judgment debt to the developer of a Taringa Coles shopping centre, finding if final judgment comes down in its favour, financially troubled builder Kenik may not be able to repay the funds. 
Construction PRO
Centuria Capital buys Brisbane’s Logan Super Centre for $115M
Real estate funds manager Centuria Capital Group has acquired  Logan Super Centre in Brisbane, hosting big ticket tenants including Freedom, Fantastic Furniture, Spotlight and Anconda. 
Construction PRO
Stockland sues Probuild over Perth shopping centre sinkhole
Major developer Stockland has filed proceedings against Probuild Constructions over alleged faulty works completed on a stormwater system in a Rockingham shopping centre.
Construction PRO
Desane scores $4.5M lease extension with Brisbane City Council
ASX-listed property investment group Desane has secured a $4.5 million lease extension with the Brisbane City Council.