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Construction PRO
AkzoNobel wins partial bid for more docs in ‘complex, massive’ Ichthys LNG case
AkzoNobel has had some success in its late bid to have Japanese oil company INPEX produce documents filed in related proceedings against its insurers in their dispute over allegedly defective coating used on the $45 billion Ichthys natural gas project.
Johnson Winter Slattery picks up Clayton Utz insolvency partner
Johnson Winter Slattery has hired a new partner for the firm's restructuring and insolvency team.
$59M settlement reached in rate-rigging class action against banks
A $59 million settlement has been reached in a long-running class action accusing five major banks of foreign exchange rate-rigging.
Construction PRO
Developer wins $200M in challenge to Sydney Metro compulsory land acquisition
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.
Private equity expert joins King & Wood Mallesons from Clayton Utz
A specialist private equity lawyer with over 20 years of experience has joined King & Wood Mallesons private capital team as a partner.
ASIC has mixed success in case against family-owned business lender
A business lender that issued personal loans is on the hook for unlicensed credit activity, but ASIC's action against the director has failed, with a judge finding the regulator was "entirely indifferent" to the circumstances of the case.
WiseTech’s Richard White resolves Fair Work case with former employee
WiseTech Global's embattled founder Richard White and his wife, Zena Nasser, have resolved a lawsuit by a former employee of White's private investment company, Realwise Management.
Construction PRO
Mining companies Alkane, Mandalay to merge in $557M deal
Australian gold miner Alkane has entered a merger agreement with Canada's Mandalay to create a diversified gold and antimony producer with three operating mines.
Construction PRO
Judge slams ‘appalling’ conduct by Airservices in $690M Brisbane Airport PFAS case
While granting yet another extension, a judge has read the riot act to Airservices Australia for its breaches of court orders to file evidence in Brisbane Airport's $690 million case over PFAS chemical use.
Court finds Qteq engaged in cartel conduct
A judge has found that Queensland-based mining equipment company Qteq and its chairman engaged in cartel conduct, including attempting to rig a multi-million dollar tender.