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Gaming company Light & Wonder will pay $190 million to settle Aristocrat’s litigation in Australia and the United States alleging it misappropriated trade secrets in developing two poker machines.
Construction PRO
The purchaser of the site of the 108-room hotel Continental Hotel Sorrento has sued a consortium that rescued the development after it hit financial troubles, claiming it was excluded from the final stages of the receivership.
A Dubai-based investor is seeking to vary "punitive" freezing orders won by a brokerage firm that claims he failed to repay a $10.7 million (US$7.2 million) debt over a "highly unusual" airport investment proposal.
Construction PRO
A Sydney developer who claims his solicitor provided faulty advice relating to a financing facility for a project that went into receivership has been granted access to documents from the lawyer.
A judge has ordered the administrator for two class actions over PFAS contamination that settled for $153 million to pay the leftover funds to group members rather than to charities, saying it was not appropriate “to go around making donations”.
Construction PRO
The developer of a luxury apartment complex in Sydney's CBD has fended off a stay application in a spat with the owners corporation, with a judge finding that it was not precluded from resolving their dispute through the courts.
Construction PRO
King & Wood Mallesons has lost a seasoned M&A partner with expertise in real estate and infrastructure deals to Gilbert + Tobin.
The University of NSW has been hit with a $211,200 penalty after admitting to "systemic" underpayments of casual staff at its business school.
A former Holden dealer has lost a $9 million suit alleging General Motors misleadingly represented that it was “100% committed” to the line a few years before it decided to discontinue the brand.
Construction PRO
More than four years after the roof of the Kew Recreation Centre in Melbourne’s east collapsed, builder ADCO has filed a suit seeking millions in damages from the local council, alleging it provided a defective design which made collapse “inevitable”.