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Allen & Overy warned of ‘very serious problems’ with Bolton bonus, court told
Law firm Allen & Overy advised that there were “very serious problems” with awarding Keybridge’s former CEO Nicholas Bolton a $4.75 million bonus, a judge has heard.
Hamilton Locke nabs three tax partners from K&L Gates
Hamilton Locke has lured three partners and their teams from K&L Gates, bolstering its tax offering in response to client demand.
WestConnex class action funder’s substitution bid delayed again
An application by the funder of a class action over the compulsory acquisition of land for Sydney's WestConnex project to replace the plaintiffs has been ajourned a third time by an increasingly frustrated judge.
Ex-Keybridge CEO questioned about $4.75M bonus at trial
Former Keybridge CEO Nicholas Bolton has faced questions about a $4.75 million bonus he was paid on a $17.8 million deal with fund manager Magellan, on the second day of trial in proceedings by WAM over two transactions its alleges were oppressive to shareholders.
Judge pushes trial date in Sydney sinking homes class action
A judge has pushed off an eight-week trial in a class action on behalf of Sydney homeowners who allege their homes are sinking into the ground, after filing deadlines were not complied with. 
Construction PRO
ICAC to probe political donations by property developer Jean Nassif
NSW's ICAC will hold a public inquiry this month to probe allegations that the state branch of the Liberal Party accepted political donations from fugitive property developer Jean Nassif.
Construction PRO
Brisbane Airport can’t call on entire $13.4M security in contractor row
Baggage handling company Alstef Australia has had a partial win in its quest to stop the Brisbane Airport Corporation from calling on $13.4 million in bank guarantees.
Construction PRO
Mitsubishi Estate, BKC team up to buy Smithfield industrial estate for $127.5M
BKC Australia and Mitsubishi Estate outfit MEC Global Partners Asia have joined forces to acquire the Cumberland Industrial Estate in Smithfield, Sydney, for $127.5 million from Goodman.
Construction PRO
Group pans NSW Coalition’s ‘irresponsible backflip’ on renewable zone
An environmental group has criticised the NSW opposition's plan to scale back the New England renewable energy zone, calling it an “irresponsible backflip”.