Power plant engineer Clarke Energy has lost a challenge to an arbitration win for NT energy provider Territory Generation for delays in construction work on two Alice Spring power facilities.
A unit of collapsed start-up StrongRoom AI has warned creditors of its parent company that recent freezing orders need to be tweaked to allow it to continue trading, or there may be little money left to argue over.
AVID Residential has secured approval for a 300-lot development in Chisholm, NSW, following an appeal of a deemed refusal by the Maitland City Council.
Australia’s largest brick manufacturer Brickworks has settled a competition case brought against rival BGC, a company founded by billionaire Len Buckeridge.
APRA has increased ANZ’s capital add-on requirement by $250 million to account for operational risks, after a report highlighted “persistent and prevalent” problems at the bank.
A court has approved a $170 million settlement in a class action against Allianz, and has signed off on an order that gives the firms behind the case 25 per cent of the deal.
In a loss for the ACCC, the High Court has found builder J Hutchinson did not arrive at an anti-competitive understanding with the CFMEU merely by yielding to a threat of industrial action.
Buy now, pay later giant Zip will ask the High Court to throw out a ruling that found it infringed mortgage provider Firstmac’s ‘Zip’ trade mark and barred it from using the name in Australia.
JB Asset Management has clawed back $3 million from a scuttled real estate deal involving LBA Capital, almost a year after LBA’s director was jailed for fraud.
The builder contracted to carry out expansion works at Casey Hospital in Berwick has sued its insurer for refusing to cover $4 million in damages caused by a subcontractor’s delays.