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BaptistCare can use Five Dock social housing as security, court finds
A court has clarified that BaptistCare Community Housing can use a social housing property in Five Dock to secure a loan from Housing Australia for improvements at the site. 
Construction PRO
Lenders for Bondi Junction property lose bid for break fee, KWM’s fees
Lender WholeCap has lost its bid for a “break fee” and $430,000 in legal costs billed by King & Wood Mallesons associated with a term sheet for a proposed $66.1 million loan to a Harbour Land entity.
Construction PRO
King & Wood Mallesons advises Transgrid on connecting first renewable energy zone
King & Wood Mallesons has advised Transgrid on a project to connect the country's first renewable energy zone to NSW's energy grid.
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Victoria sued over Metropolitan Remand Centre construction project
A contractor working on upgrades at the Metropolitan Remand Centre in Victoria has filed proceedings against the Victorian Correction Infrastructure Partnership, arguing a dispute resolution clause in their contract runs afoul of the SOP Act.
Construction PRO
Gold Road Resources agrees to $3.7B takeover
Australian mining company Gold Road Resources has agreed to a $3.7 billion takeover by South African mining company Gold Fields.
Linchpin class action settlement with AIG wins court approval
A judge has signed off on a settlement in a class action by investors in failed advisory firm Linchpin Capital, with insurer AIG paying $12.15 million and forfeiting its right to appeal a liability finding.
Construction PRO
Corrs wears all hats in advising on landmark PPP for renewable energy zone
In a "unique approach" to public-private partnerships, Corrs Chambers Westgarth has advised the sponsors and contractors on a landmark project for Australia's first renewable energy zone. 
Funder behind failed class action against Quintis director, EY fights costs order
The funder that backed a failed shareholder class action against an ex-Quintis director and EY is fighting a bid for a third-party costs order, arguing such orders shouldn't be imposed on funders where there is no doubt they will pay up.
Linchpin investors to get $7.2M in class action settlement with AIG
An investor class action against failed advisory firm Linchpin Capital has sought court approval of a $12.15 million settlement with insurer AIG, which will leave 176 group members to share in $7.2 million after deductions.