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Construction PRO
High Court appeal on cards in Dexus, APAC row amid sale worth ‘many billions’
A fight over the sale of Dexus' shares in Melbourne Airport operator APAC “may well” go to the High Court, a judge said Friday, as the infrastructure asset manager tells the court the sale may be in the “many billions of dollars".
Construction PRO
Far East Consortium sued over defects in Elizabeth Quay development
A group of owners at The Towers in Elizabeth Quay has sued Hong Kong-based developer Far East Consortium over alleged defects in the building. 
Construction PRO
Bathla Group reveals debts of $3.4B as lenders drag heels on funding
Sydney residential developer Bathla has accrued debts of $3.4 billion, administrators revealed Friday during a first creditors meeting as discussions with lenders on funding to keep 45 construction projects on track drag on.
Construction PRO
ASIC says number of private Bathla lenders to make funds tracing tough
As Bathla administrators reveal debts of over $3.4 billion, the corporate regulator has told a senate committee hearing the sheer number of private lenders that backed the company will make its tracing task difficult.
Construction PRO
Sydney developer to faced trimmed class action claims
A class action against Mulpha over a 683-lot development in Glenmore Park will discontinue stigmatisation claims, with property damage claims still remaining, a court has heard. 
Beacon Minerals project manager sentenced for insider trading
A former project manager who enlisted two associates to buy 11 million shares in Beacon Minerals before the market knew it had struck gold has been sentenced to one year in prison following a guilty plea. 
Cosette says Mayne’s ‘choose your own adventure’ pleading can’t stand
Cosette wants to strike out Mayne Pharma’s claim for damages over their thwarted $672 million merger, arguing it creates a multiplicity of cases in which various shareholder groups' interests conflict.
Cosmetic surgery class action reaches settlement
A settlement has been struck in a negligence class action against cosmetic surgeon Daniel Lanzer and his clinic over alleged botched surgeries.
Woolies exec flags whistleblower claim in overwork case
A Woolworths executive is planning to bring a whistleblower claim in proceedings against the supermarket giant alleging she was subjected to overwork and discrimination, a judge has heard. 
Construction PRO
Bathla employees paid partial wages as lenders, administrators keep talking
Bathla's administrators have yet to reach a deal with the embattled developer's lenders on short-term funding, but money has been found to make partial payments to employees.