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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.
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.
Dovetail, CEO resolve harassment suit by former in-house lawyer
Software start-up Dovetail has resolved a lawsuit by its legal counsel the accused the boss of sexually assaulting her during a coercive relationship and claimed the head of HR failed to support her.
No bull please: Lactalis pays fine for ‘fresh’ milk claims
Pauls Milk producer Lactalis has copped a penalty after the consumer regulator issued infringement notices for alleged misleading representations about the freshness of two of its products.
Construction PRO
York Property can’t call on bank guarantees in fight over $128M Gold Coast high-rise
A judge has found that Heran Group unit York Property can't call on $6.4 million in bank guarantees after finding builder Tomkins has a strong prima facie case that a $17.5 million payment certificate issued under contract to build a 119-Gold Coast residential tower was not authorised.
Construction PRO
Queensland Power, Millmerran appeal win for Buma in $30M dispute
The owners of Millmerran Power Station and Commodore Coal Mine in Queensland are appealing a $30 million win for contractor BUMA, and have won their bid to challenge subsequent costs orders.
Fed-up FWC slams growing trend of AI misuse by complainants
A full bench of the Fair Work Commission has attacked an Uber driver's "unreasonable" reliance on artificial intelligence to prepare his complaint, saying it was part of an increasing trend of applicants abusing generative AI.
Construction PRO
Woodside blocks Inpex’s $565M deal for Browse LNG stake
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
APAC board’s Dexus contingent suspended, forced sale to proceed
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
Sev.en flags misleading conduct case over sale of Millmerran stake
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.