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Hyundai and Kia are calling for court orders that drivers sign up if they want a slice of any settlement in defects class actions, pointing to data that shows just one of 400,000 group members has made a claim on their vehicle warranty.
Construction PRO
Hilton has lost its challenge to a $173 million tax adjustment from the 2015 sale of the Sydney Hilton Hotel, with a judge finding the transaction was entered into for the dominant purpose of obtaining a tax benefit.
Construction PRO
Sand importer Metro Environmental Logistics has foreshadowed an appeal after losing its case against the Port Authority of NSW over a lease agreement for a multi-user facility in Sydney Harbour.
Construction PRO
Detectives investigating alleged corruption in the construction industry have charged a man linked to a Victorian labour hire company with alleged ties to Queensland CFMEU officials, as part of cross-border raids on Wednesday.
Construction PRO
A builder has been ordered to pay owners of a Cremorne house $1.25 million in damages over defective renovations.
Former NAB super fund trustee NULIS Nominees has urged the High Court to reject a special leave application in a failed class action over $165 million in conflicted remuneration, saying the appeal is highly fact-specific and doesn't raise a matter of public importance.
Construction PRO
A judge has rejected environmental group Save Wallum’s lawsuit against the developers of a housing estate in Brunswick Heads, finding the group failed to prove the development was likely to have a significant impact on threatened species.
Construction PRO
AI infrastructure company Firmus has secured OpenAI as an anchor customer, with the ChatGPT owner committing to AI compute capacity from two Malaysian Firmus sites as part of the multi-year partnership.
Construction PRO
Macquarie Asset Management has acquired half of Aware Super’s Victorian land registry stake, with law firm Allens advising the superannuation fund on the deal.
The National Basketball League has succeeded in staying preliminary discovery proceedings by the Illawarra Hawks and Melbourne Phoenix basketball clubs, with a judge finding their licence agreement contained a broad dispute resolution clause.