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Metals Manufactures sues over $170M deal for Fletcher’s Tradelink
Metals Manufactures has launched legal action for $33 million in damages against Fletcher Building and unit Crane Group, saying it was misled into paying $170 million for plumbing supply business Tradelink.
Construction PRO
Court won’t undo fast-track decision on $60M Sydney residential development
A court has rejected a bid to undo the state significant development status of a proposed 37-storey, 100-unit shop-top housing development in Northern Sydney.
Epic, Google win ACCC draft approval for global settlement
The competition regulator has given its draft approval to Fortnite maker Epic Games and Google for their global settlement of allegations of misuse of market power by the digital giant.
Brambles class action judge wrong to find share price inflation: appeal
Challenging the first win for shareholders in a class action, logistics company Brambles says a trial judge erred in his findings on liability as well as loss.
New Fair Work Court to speed employment disputes, Albo vows
Prime minister Anthony Albanese has revealed plans for a new federal court specialising in workplace disputes, saying the current system is too slow and expensive.
Thomsons strengthens tech, media team with two hires
Thomsons has recruited a leading technology partner from Gilbert + Tobin and a media specialist from Bird & Bird, shoring up the team's capabilities in response to growing client demand.
Class action firms take home close to $200M in contingency fees in Victoria
In the six years since Victoria introduced a contingency fee regime, close to $200 million has been paid out to class action law firms. And with the Supreme Court soon to hear applications for approval of three more settlements, one firm is set to earn the highest payout to date.
Victoria to make it easier for parents to sue AI, social media companies
The Allan Government has unveiled plans that would make it easier to sue AI and social media companies over harms to children, while also announcing a crackdown on the use of AI and employee surveillance in the workplace.
Construction PRO
Next Capital to acquire Fujitsu’s Australian data centre business
Australian private equity firm Next Capital has inked a deal to acquire Fujitsu's Australian data centre business, which includes premium facilities in Sydney, Brisbane, Melbourne and Perth.
Government to legislate AI digital duty of care
The federal government plans to introduce a digital duty of care for artificial intelligence companies as part of five AI safety priories that form part of its national strategy to regulate the new technology.