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Construction PRO
AVID Property Group has moved ahead of Warburg Pincus in a contest to acquire Ingenia Communities, securing access to the housing and holiday park operator’s books with a $3.2 billion takeover offer that would also require Ingenia to abandon its acquisition of developer Peet.
Construction PRO
A judge has refused Wollongong Coal’s bid for indemnity costs after it successfully defended a case by Singaporean commodities trader UIL, with a judge finding that refusing a $400,000 settlement offer in the $350 million case was not unreasonable.
A judge has approved a $55 million settlement in an underpayments class action against budget grocery chain Aldi on behalf of workers who were allegedly denied pay for work done before and after shifts.
A Sydney barrister found guilty of professional misconduct after falsely claiming in Family Court proceedings that he received $70,000 in inheritance when in fact he had received almost $230,000 has been reprimanded.
Keeping experts in the loop and testing their evidence early is critical to avoiding common pitfalls with their evidence, according to solicitors.
Apple has been ordered to reinstate Epic Games' Fortnite game to its App Store in Australia and allow developers to offer in-app payment methods to Australians, after it was found to have breached competition laws.
A court has approved a $125 million settlement in the class action over Victoria's botched hotel quarantine program, and has largely signed off on the plaintiff's firm proposed contingency fee.
A judge has refused a bid by fund manager Blue Sky for an extension in a shareholder class action, saying the amount of costs wasted in the case by “unreasonable positions being taken” was "astounding".
Superannuation trustee Macquarie says a class action over the collapse of the Shield investor fund needs to back up its claim of loss, which it says must account for its remediation to members in a parallel case by ASIC.
A class action on behalf of shareholders has been lodged against ASX-listed biotechnology company CSL over disclosures in relation to its forecast for the 2026 financial year.