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Global Capital directors accused of breaching duties over $50M beachfront development
Real Estate 2025-08-26 11:22 pm By Sam Matthews

The liquidators of real estate investment company Global Capital Property Fund have sued the company’s current and former directors, alleging breaches of fiduciary duties in relation to a Queensland development.

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Developer wants to exit cladding class action to bring own case against Halifax
Construction 2025-08-26 11:25 pm By Christine Caulfield

A Sydney developer has launched a bid to opt out as a group member of a combustible cladding class action against 3A Composites and Halifax to bring its own “copy” of the case.

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Subcontractor wants court OK to pursue SOPA claim against Roberts Co
Construction 2025-08-26 11:51 pm By Christine Caulfield

Plumbing company Flowmotion has brought a court application seeking the OK to pursue a payment claim against the Victorian unit of builder Roberts Co, which entered administration five months ago.

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Ki Corporation, Public Storage pull $2.2B offer for Abacus Storage King
Real Estate 2025-08-26 11:56 pm By Cat Fredenburgh

A consortium of Ki Corporation and New York Stock Exchange-listed Public Storage has pulled a $2.2 billion offer to acquire Abacus Storage Kings.

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Construction PRO
Fire House purchase by Sonnel marks first pub sale in North Sydney in 40 years
Real Estate 2025-08-26 11:47 pm By Christine Caulfield

Hotelier Mark Barry has sold the iconic Fire House Hotel for a reported $35 million, in the first freehold hotel transaction in North Sydney’s CBD in more than 40 years.

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Coles, Woolworths class actions ‘put to sleep’ until ACCC trial
Competition & Consumer Protection 2025-08-25 11:01 pm By Cindy Cameronne

A judge will hit pause on two class actions against Coles and Woolworths over allegedly illusory discounts after hearing a bid to bind group members to the findings in related proceedings by the ACCC. 

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Mastercard doc privileged despite ‘inadvertent’ disclosure during Baker McKenzie review
Competition & Consumer Protection 2025-08-22 11:46 pm By Cindy Cameronne

A judge has found that Mastercard can maintain legal professional privilege over a document that was inadvertently sent to the ACCC in 2020 after lawyers at Baker McKenzie had to review 100,000 documents in less than two months.

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ALS waived privilege over parts of McGrathNicol report in coal testing spat: court
Competition & Consumer Protection 2025-08-22 11:45 pm By Cindy Cameronne

Testing lab ALS Limited has partially lost its bid to shield a forensic investigation by McGrathNicol in relation to claims of exaggerated coal testing results, with a judge finding it sought to use the findings to dissuade regulators and others from bringing claims.

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Supersized? Judge wants to know value of McDonald’s class action claims
Class Actions 2025-08-22 11:26 pm By Cindy Cameronne

A judge overseeing a class action on behalf of 300,000 allegedly underpaid McDonald’s workers wants to know the monetary value of the claims, while also questioning why the initial trial in the complex case is set to run for 35 days.

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Construction PRO
Clough appeals stay of $54M cross-claim in EnergyConnect spat with Elecnor
Energy & Natural Resources 2025-08-25 11:22 pm By Christine Caulfield

Engineering firm Clough Projects Australia is challenging a judge’s order staying its $54 million cross-claim against former Energy Connection joint venture partner Elecnor.

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