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Construction PRO
Monash College sued for $22M in rent under student housing agreement
The operator of the Urbanest student accommodation in Melbourne has sued Monash College for $22.2 million in damages, claiming the university breached a contract over unoccupied bed rent. 
Construction PRO
Chris Tynan steps down as Blackstone’s Australian real estate head
US-based private equity giant Blackstone has reshuffled the leadership of its Australian real estate arm after head Chris Tynan stepped down for his role after a string of billion-dollar deals.
Judge won’t make freezing order in defects class action
A judge has dismissed an application for a freezing order against the developer behind a NSW Central Coast office block at the centre of a class action over alleged defects, including sub-par air conditioning.
OPSM franchise operator cops $19,800 penalty for outdated disclosures
The operator of eyewear franchises OPSM and Laubman & Pank has paid a $19,800 penalty after the ACCC found it failed to provide up-to-date disclosures to prospective franchisees, several years after promising to make its franchise system more transparent. 
Mayne can advance damages case against Cosette over $672M merger debacle
US-based drug maker Cosette has lost its bid to stay proceedings alleging it induced the treasurer to reject its $672 million tie-up with Mayne Pharma, with a judge finding Mayne has a right to prosecute its case and would be prejudiced by the delay. 
ARN flags cross-claim against Kyle Sandilands in $100M contract spat
ARN has flagged it might file a cross-claim against Kyle Sandilands seeking the repayment of his earnings in response to the shock jock's suit challenging its decision to scrap his 10-year $100 million contract with the network.
Wisetech’s Richard White sued by former Kyckr CEO
The ex-CEO of Richard White's anti-money laundering software company Kyckr has accused the Wisetech chair of misleading and deceptive conduct, but a judge has told her to go back to the drawing board and replead her claims.
AFL ‘worked closely’ with Luke Sayers to exonerate him, court told
The estranged wide of former Carlton president and PwC chief executive officer Luke Sayers says the AFL failed to follow its own protocol in investigating the posting of an explicit image to her husband's X account.
Court strikes out Google ad tech class action’s claims against Alphabet
A judge has struck out claims against Google’s parent company Alphabet in a class action alleging the digital giant abused its dominance in digital advertising, finding they were "ambiguous". 
Binance Australia Derivatives fined $10M for offering ‘risky’ crypto products to retail customers
A judge has slapped defunct crypto firm Binance Australia Derivatives with a $10 million penalty for misclassifying around 500 retail customers as eligible to invest in risky derivatives intended for sophisticated investors.