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Construction PRO
Owners of Seasons of Perth hotel lose round in fight with builder over security
Construction 2025-04-14 11:03 pm By Cat Fredenburgh

Hotel construction company Reward Group has secured a win in a dispute with the owners of the Seasons of Perth Hotel over progress payment claims, with a judge finding an adjudicator did not err in ordering the release of performance bonds, but more questions over the release of the bonds remain on foot.

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Construction PRO
Developer wins docs from council in spat over Paddington boarding house reno
Construction 2025-04-14 11:34 pm By Julia Kanapathippillai

Sydney City Council has been ordered by a court to produce documents in a legal battle with a property developer seeking to convert a Paddington boarding house into luxury residences.

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Construction PRO
Allens, HSF advise on ACEN’s renewable energy portfolio financing
Corporate 2025-04-14 11:31 pm By Christine Caulfield

Big Six firms Allens and Herbert Smith Freehills are the law firm heavyweights behind $750 million in platform financing for ACEN Australia’s renewable energy portfolio.

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Construction PRO
WestConnex class action applicants defeat funder’s latest appeal
Transportation & Infrastructure 2025-04-14 11:46 pm By Christine Caulfield

The funder behind a class action against Transport for NSW over the $16 billion WestConnex project has lost another appeal in its ongoing spat with the lead applicants.

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Construction PRO
Developer fined $150,000 in first prosecution over project trust accounts
Construction 2025-04-14 11:25 pm By Christine Caulfield

In the first prosecution of its kind, a Queensland property developer has been fined $150,000 for offences relating to a project trust account under the state’s security of payment laws.

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TeleChoice close to ‘minimal’ settlement in franchisee class action
Justice Lisa Nichols 2025-04-11 3:15 pm By Sam Matthews

A franchisee class action against TeleChoice, which sought to share in commissions won in separate litigation against Optus, is in settlement talks, but the mobile retailer says the plaintiffs can’t expect much.

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ASIC sues Hollard Insurance over 3-year delay in resolving claim
Insurance 2025-04-11 11:10 pm By Julia Kanapathippillai

The corporate regulator has taken Holland Insurance to court, alleging it breached its duty of utmost good faith by taking over three years to resolve an insurance claim.

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Judge allows tweak to ratings suit against S&P ahead of trial
Securities 2025-04-11 11:03 pm By Sam Matthews

The applicant in a suit against S&P over alleged defective ratings can tweak its pleadings ahead of a June trial, with a judge rejecting S&P’s argument the changes introduce a new case.

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Trial pushed off in sprawling litigation over Greensill collapse
Restructuring & Insolvency 2025-04-10 11:41 pm By Sam Matthews

A judge has agreed to delay a trial by five months in a group of cases over supply chain finance company Greensill’s $1.7 billion collapse, over the vehement protests of the firm’s administrator.

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Judge wants more than ‘bland’ claim of defects in Hyundai, Kia class actions
Class Actions 2025-04-10 1:32 pm By Christine Caulfield

Class actions against Hyundai and Kia say they need a third round of document discovery, two years into the cases, but a judge has said the applicants should first detail the alleged engine defects at issue.

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