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SMBC can’t access King & Wood Mallesons docs in $34M case against Humm
SMBC has lost a bid for documents connected to King & Wood Mallesons opinions in its suit against fintech Humm linked to the Forum Finance fraud, with a court saying the Japanese bank did not share joint privilege over the material.
Construction PRO
The Gosford developer remains locked out of $37M judgment against Chinese builder
A stay of a $37 million 2023 judgment in favour of the company behind an abandoned $185 million development in Gosford NSW against the Australian arm of China's Shanxi Construction Investment Group has been extended.
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.
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.
King & Wood Mallesons hires merger reform pro from ACCC
King & Wood Mallesons has made a key hire, luring a competition pro who worked on the ACCC's merger reform team just months before a new mandatory merger review framework is set to take effect.
Suncorp units, TAL to pay $34M to settle add-on insurance class action
Two Suncorp units and insurer TAL Life have agreed to pay $34 million to settle a class action over allegedly worthless add-on insurance sold at car dealerships.
Construction PRO
Qube takes $70M SOPA spat with Martinus Rail to High Court
Logistics company Qube wants the High Court to clarify the scope of an adjudicator's role in determining a contractor's payment claims under the SOP Act.
Construction PRO
KWM-repped Stonepeak acquires major stake in IOR Group
Infrastructure and real asset investment firm Stonepeak has entered a deal to acquire a 75 per cent interest in Queensland-based commercial fuel and logistics provider IOR Group.
Construction PRO
Amcor takes long-running remediation fight with Glenvill to High Court
The High Court has been asked to weigh in on when a court should step in when the machinery governing the entitlement to payments in a contract breaks down, in a dispute between luxury home builder Glenvill and Amcor over asbestos remediation at an industrial site in the Melbourne suburb of Alphington.