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A bidding war has broken out after Singaporean developer Ho Bee Land made a $390 million offer to acquire developer AVJennings, months after AVID Property Group lodged a takeover offer.
Allens-repped Greystar in $1.6B student digs deal
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US property firm Greystar is acquiring a portfolio of student accommodations worth $1.6 billion, one of the largest deals of its kind in the Australian market.
K&L Gates recruits patent litigator from Corrs Chambers Westgarth
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Global law firm K&L Gates has hired former Corrs Chambers Westgarth IP litigator Rachelle Downie as a partner in its Melbourne office.
No agreement reached in competing Harvey Norman class actions
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Law firms running competing consumer class actions against Harvey Norman have failed to reach an agreement to join forces, setting the stage for a multiplicity fight this year.
Former ANZ lawyer loses 10-year-old discrimination case
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A long-running discrimination case by a former ANZ lawyer who alleged the bank’s work environment was hostile to pregnant women has been thrown out by VCAT.
Tendency evidence not allowed in negligence case against law firm
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In a case alleging Waller Legal gave negligent advice in a sexual abuse claim, a judge has rejected the plaintiff’s bid to adduce evidence of the firm’s alleged tendency to pursue out of court settlement over litigation.
Origin Energy hit with $12M in penalties
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Origin Energy has submitted to $12 million in penalties over breaches of its life support obligations, including deregistering or disconnecting premises where someone was receiving life support.
Bulldogs take fight over damages for fan’s abuse to High Court
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The Western Bulldogs, formerly the Footscray Football Club, has launched a High Court challenge to a $6 million award to a fan who was sexually abused by a club volunteer.
ExxonMobil sues Andrew Forrest-linked NGO for defamation
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ExxonMobil has sued an NGO linked to Andrew Forrest, alleging his company Fortescue has “orchestrated a campaign to compete” by funding lawsuits against it.
FIRB blesses $233M acquisition of Georgiou Group
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European construction company STRABAG Group has received Foreign Investment Review Board to acquire Australian construction company Georgiou Group for $233 million.