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Construction PRO
Infrastructure, energy pros dominate HSF Kramer’s new partner appointments
HSF Kramer has appointed four new partners in Australia with expertise in major projects, energy and infrastructure amid a boom in large-scale energy and infrastructure projects.
Construction PRO
Dexus may have been ‘immoral’ in APAC sale, but so what, judge asks
A judge said Tuesday evidence in a case over the sale of a stake in Melbourne Airport's operator might justify a finding that shareholder Dexus acted unethically and immorally. But whether such a finding was relevant to the validity of a default notice at the centre of the suit is another matter.
Construction PRO
Court finds payment claim for lux Sydney development validly served
A judge has ordered the developer of a luxury apartment block in Vaucluse, Sydney to pay builder Reform Projects over $260,000, after finding a payment claim sent to the same email as earlier claims had been validly served.
Construction PRO
Dennis unit settles class action over Summerlin Parklands development
A settlement has been approved in a class action against a unit of Dennis Corporation, which was accused of wrongly terminating off-the-plan contracts when local property values jumped.
Construction PRO
Sparke Helmore snags Moray & Agnew property team
Sparke Helmore has hired a property lawyer with experience on major projects and her team from Moray & Agnew.
Court won’t block Westpac from ‘debanking’ Sun Capital Investments
The Victorian Supreme Court has rejected a bid by gold sellers Sun Capital Investments and Australian Gold Capital to stop Westpac from closing its bank accounts, finding there was no serious question to be tried.
Beach Energy class action needs to tighten up pleading on loss, judge says
A judge has rejected a bid to amend a shareholder class action against Beach Energy, saying the way the applicant had articulated its case on loss by reference to an expert report was “apt to lead to confusion”.
Beacon Minerals project manager pleads guilty to insider trading
A former Beacon Minerals project manager who managed the gold exploration drilling program for the company's Jaurdi gold project in Western Australia has pleaded guilty to one count of insider trading.
IAG’s proposed $1.35B acquisition of RACWA faces further review, again
The ACCC will look deeper at IAG's proposed acquisition of the RACWA's insurance operations for the second time, saying there were concerns the transaction could substantially lessen competition.
Federal Court goes its own way with AI practice note
The Federal Court has taken a more permissive approach to the use of generative AI than the NSW Supreme Court, allowing tools like ChatGPT to be used in creating affidavits with the proviso that the use must be disclosed.