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Valuer points finger at CBRE, JLL in suit over Rundle Mall lease valuations
Property valuer M3 Property has denied claims that its lease valuations were incorrect and led to tenants of Adelaide's Rundle Mall being overcharged and says that if it is found liable, brokers CBRE and JLL should be on the hook as well.
Construction PRO
SIXT drops bid for injunction against Darwin Airport
German car hire company SIXT has dropped its bid for an injunction barring Darwin International Airport from requiring it to vacate the premises it operates out of at the airport. 
Babcock & Brown liquidator settles all remaining shareholder claims
A judge has signed of on a settlement struck by the liquidator for failed financial services firm Babcock & Brown, which will resolve all remaining and future shareholder disputes, which have beleaguered the liquidator for 12 years.
High Court asked to clarify test for damages in shareholder class actions
Saying the appeals court committed "fundamental errors" in approaching their claim of loss, the applicants in failed cases against the Commonwealth Bank have appealed to the High Court, in a case that could clarity the elusive test for damages in shareholder class actions.
Abbey in ‘pyrrhic victory’ against Virbac over antiparasitic drug patent
Abbey Animal Health has managed only a “pyrrhic victory" in a patent case against rival Virbac over an antiparasitic drug, and must withdraw its Levamox Duo product from the market, a court has found.
Construction PRO
Lederer’s takeover offer for Elanor Funds ‘neither fair nor reasonable’: report
Elanor Funds Management's board on Friday unanimously recommended that securityholders reject the takeover offer and provided an expert independent report from Kroll Group that concluded the offer of $0.70 in cash per stapled security undervalued the fund.
Construction PRO
Civil construction firm Shamrock loses second attempt to toss $30M Cleanaway claim
An appeals court has binned construction firm Shamrock's second bid to toss waste management firm Cleanaway’s $31 million claim for costs associated with cleanup of an Ipswich dump following a flood.
Construction PRO
BP, McDonald’s at odds with Sunshine Coast planning scheme: court
A court has declined a developer's appeal of a Sunshine Coast council's rejection of plans to build a BP service station as well as a McDonald's and KFC at vacant land in Maroochydore.
Optus fined $100M for ‘appalling’ sales tactics
A judge has ordered embattled Optus to pay a $100 million penalty for “appalling” contraventions, after the telco admitted staff pressured customers into buying phones they couldn't afford.
Seven Network faces underpayments class action investigation
Media giant Seven Network is facing a class action investigation into possible underpayments, including the alleged failure to pay rest breaks and overtime.