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Construction PRO
NextDC has issued a $1 billion wholesale securities offer to finance its growth, as the global data centre business booms on the back of an AI frenzy.
A judge has asked for more information on why he should approve $43.1 million in legal fees in a class action against AMP that settled for $120 million, calling the amount "extraordinary" and "troubling".
Decisions made during a regulatory investigation can have significant consequences for the trajectory of any future class action, and a coordinated, holistic approach can narrow the scope of potential downstream exposure, say Corrs Chambers partners Chris Pagent and Abigail Gill and special counsel James Emmerig.
The Fair Work Commission has criticised Uber for failing to explain the nature of a complaint against a driver, who touched his groin during a trip, before deactivating his account on the rideshare app.
Dairy giant a2 Milk has agreed to cough up $62 million to settle a consolidated shareholder class action over a 2021 guidance.
Former SAS soldier Ben Roberts-Smith was arrested and charged Tuesday with five war crime counts of murder, following a joint investigation by the Australian Federal Police and the Office of the Special Investigator.
The Fair Work Commission has rejected Chemist Warehouse's appeal of orders requiring it to negotiate a multi-employer agreement with its South Australian workforce under new bargaining laws.
Construction PRO
Retail property group Vicinity and GIC's Ipoh have won $470,000 from a former tenant at Sydney's Galeries Shopping Centre to cover unpaid rent, damages and fitout restoration costs.
A judge has said he will not be able to decide all the suppression applications in the ACCC’s misuse of market power case against Mastercard ahead of trial, saying the court was facing an “unreasonable, if not oppressive” burden.
Pharmacor is resisting AstraZeneca’s notice to produce in an intellectual property fight over diabetes drug Forxiga, claiming privilege over material evidencing its consideration of a new claim challenging the validity of a patent extension.