Industries

In explaining where CBA shareholders went wrong in proving damages from the bank's omissions over an AUSTRAC probe, the Full Federal Court has given class action plaintiffs the clearest indication yet of how they might win.

Deakin University is suing builder Hanson Yuncken seeking $14.3 million for alleged defects on a building at its Burwood campus.

A judge hearing Maurice Blackburn's application for a 30 per cent group costs order in a consumer class action against JB Hi-Fi has opined that an all-in group costs order was a better deal for group matters than the return in a typical funded case.

West Gate Tunnel builders CPB Contractors and John Holland say engineer Aurecon Australasia should be on the hook for $359 million in damages for alleged design errors in Victoria’s West Tunnel project, a court has heard. 

A judge has vacated a hearing in Energy Resources' lawsuit challenging a decision not to renew its lease for the Jabiluka uranium mine in the Northern Territory after hearing there were "good prospects" the case could be resolved. 

EnergyAustralia has reached a settlement with advocacy group Parents for Climate in a suit accusing it of falsely promoting its carbon offset products as carbon neutral.

Collapsed clothing brand Jeanswest has nearly $26 million in lease liabilities on stores nationwide, but buyers may bite, administrators have told the Federal Court.  

Lendlease has confirmed it is joint venture talks with the British Monarch's land and property management company to develop a portfolio of projects in the UK.

Rio Tinto has signed a $430 million partnership agreement with Japan's Sumitomo Metal Mining Co. to fast track development of its copper-gold project in Western Australia's Great Sandy Desert.

The head company in the Roberts Co construction group has gone into administration after its NSW arm was sold off to UAE-based developer Arada earlier this month.