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A South Australian wind farm developer has lost its appeal of ruling ordering it to make a $21 million progress payment to joint venture partners GE Renewable Energy and Elecnor.
Court approves Sev.en-funded recapitalisation of Callide power station
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The owner of the Callide power station in Queensland, IG Power, has won court approval for a recapitalisation that will see major shareholder Sev.en inject millions to cover its debts.
Mining companies Alkane, Mandalay to merge in $557M deal
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Australian gold miner Alkane has entered a merger agreement with Canada’s Mandalay to create a diversified gold and antimony producer with three operating mines.
Self-storage REIT acquires stake in Abacus Storage
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Self-storage investor National Storage REIT has acquired a stake in rival Abacus Storage Kings, which is currently mulling a $1.9 billion takeover offer from a rival.
Keybridge to stay in administration pending Nick Bolton appeals
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Keybridge CEO Nick Bolton has won a stay of orders ending the company’s administration as he appeals that ruling and another that found he and two other directors were validly removed and replaced at a board meeting.
iSignthis, auditor Grant Thornton hit with class action
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A shareholder class action has been lodged against iSignthis and auditor Grant Thornton over the delisted fintech’s 2018 financial statements.
Ben Roberts-Smith says reporter using MinterEllison lawyers as ‘shield’
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Ben Roberts-Smith has accused Nine journalist Nick McKenzie of using his lawyers as a “shield” against claims he had access to confidential and privileged legal strategy in the former soldier’s failed defamation case.
Seasons of Perth Hotel owner seeks to quash review determination
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The owner of the Seasons of Perth Hotel seeks want to quash a review determination of an adjudicator’s decision in its dispute with hotel construction company Reward Group over performance bonds for work on the hotel.
Amcor takes long-running remediation fight with Glenvill to High Court
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The High Court has been asked to weigh in on when a court should step in when the machinery governing the entitlement to payments in a contract breaks down, in a dispute between luxury home builder Glenvill and Amcor over asbestos remediation at an industrial site in the Melbourne suburb of Alphington.
Roberts Co NSW to be sold to UAE developer Arada Group
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Roberts Co NSW is to be acquired by United Arab Emirates builder Arada, a month after the Australian construction business put its Victorian unit in administration.