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Construction PRO
The forced divestiture of Dexus' stake in airport operator APAC will proceed, after a court on Friday discharged injunctions temporarily blocking the sale amid a dispute over the disclosure of confidential information.
Construction PRO
Woodside Energy has exercised its pre-remption rights to block Inpex's acquitision of PetroChina's interest in the Browse Basin gas joint venture off Western Australia's coast.
Construction PRO
Power plant investor Sev.en has filed an urgent application for access to the financials of Millmerran Power Station as it looks to sell its stake in the energy infrastructure asset, saying it may have claims of misleading conduct.
The trial judge in enforcement action against Mastercard had harsh words Thursday about the company's witnesses, including a top executive whose testimony he said was "most unsatisfactory and unimpressive".
Construction PRO
The operator of Perth Airport has filed an appeal after United Petroleum won its case alleging it was induced to enter into a $900,000 lease and construction agreement with promises of redevelopment at the site.
Construction PRO
Promotion season continues, with Arnold Bloch Leibler welcoming two real estate solicitors to the partnership, along with two M&A lawyers.
Mastercard argued Wednesday it relied on legal advice in drafting alleged anti-competitive deals with major retailers, as the judge questioned the reliability of some witnesses for the payments giant, who recalled "virtually nothing".
After handing down the first post-trial win for a shareholder class action on damages, a judge has assessed the figure owing the lead applicants, and made orders for a lump sum assessment of costs, which he estimated at $20 million.
Construction PRO
Commercial construction company Shape Australia has made its second acquisition of a retail fitout company in five months, putting down $29.4 million for Australian Professional Shopfitters.
Construction PRO
Finding the documents are not relevant to the dispute, a judge has refused access by Martinus Rail to Qube's agreements with other subcontractors working on Sydney's $4 billion Moorebank Intermodal Terminal.