Real estate assets manager Dexus has won a court injunction against the forced sale of its shares in the company that operates Melbourne and Launceston Airports after allegations of confidentiality breaches.
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.
Dexus faces allegations it breached a shareholder deed in selling a stake in the privately-owned Asia Pacific Airport Corporation, which operates Melbourne and Launceston Airports.
The South Australian government has flagged new legislation to clarify ownership of the Whyalla Port following legal action to wrest control of the port from Sanjeev Gupta’s GFG Alliance.
AGL has sued Siemens for damages stemming from a generator outage at its coal-fired power station in Victoria’s LaTrobe Valley, which the energy company said at the time had resulted in a $70 million profit hit.
The head of Microsoft Australia will make the jump to Telstra’s $15 billion infrastructure business InfraCo, the latest step in the telco’s path to becoming an “AI-fuelled company”.
Coombes Property Group has been awarded $200 million in compensation for Sydney Metro’s compulsory acquisition of its CBD property, despite contending it was entitled to $430 million.
UK construction company Murphy is continuing its expansion with a 40 per cent stake in Sydney-based building company Abergeldie Complex Infrastructure.
The former CEO of School Infrastructure NSW directed a $20 million contract to friends — a former PwC partner and the head of a consulting firm — without disclosing any conflicts, according to an ICAC inquiry.
Mayfield Development’s competition case against NSW Ports over agreements to privatise two ports has made it to the High Court, with the developer pressing its argument that derivative Crown immunity did not apply to the port authority.