Meriton loses land valuation challenge for Sydney development

Posted on by Andy Sidler
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A court has upheld the $63.8 million valuation of an inner-Sydney high-rise, rejecting Meriton’s argument that it should be reduced to $52 million because of its isolation from public transport.

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Builder’s ‘cute’ bid to dodge fire safety fixes at Canberra development rejected

Posted on by Andy Sidler
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Chase Builders can’t avoid completing fire safety rectification works at the Manhattan on the Park apartment complex in Canberra by citing a 10-year limitations period after running down the clock with litigation, a tribunal has said.

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CBEM loses appeal in payment dispute over Dural development

Posted on by Cat Fredenburgh
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A Sydney builder has lost its challenge to a $453,000 judgment for a developer, with an appeals court finding the construction company claimed payment for a greater amount of work than was done on a project in Dural. 

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Suit accuses Telix of breaching licence agreement for cancer drug Zircaix

Posted on by Cat Fredenburgh
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German pharmaceutical company Heidelberg Pharma has filed a lawsuit against Australian drug maker Telix alleging breach of a licence agreement for its kidney cancer diagnostic drug Zircaix. 

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Treasurer blocks Cosette’s $672M takeover of Mayne Pharma

Posted on by Cat Fredenburgh
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Treasurer Jim Chalmers has blocked Cosette’s $672 million takeover of Mayne Pharma on national interest grounds after the US drug maker threatened to close a critical drug facility in Adelaide.

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NBL defeats preliminary discovery case by Illawarra Hawks, Melbourne Phoenix

Posted on by Cindy Cameronne
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A judge has stayed a bid by the Illawarra Hawks and Melbourne Phoenix basketball clubs for preliminary discovery to determine whether to pursue claims against the National Basketball League.

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