The owners of land acquired by Transport for New South Wales to build the M12 motorway to the new Western Sydney Airport must be compensated an additional $28.6 million to align with the value of their property after it was rezoned, a court has found.
Lendlease CEO Tony Lombardo will make the jump to Frasers Property, where he will serve as group CEO in the company’s Singapore office.
Transport for NSW has issued a warning to M6 construction contractors CPB, Ghella and UGL over a “sustained failure” to resume work on the Sydney motorway after sinkholes forced a halt to the project in 2024.
Crowley Australia has lost its challenge to a $6.1 million decision for contractor Latitude 63 in a payment row over the construction of fuel tanks in Darwin, with a judge rejecting claims the adjudicator should have recused himself.
The UK-based operator of Ladbrokes and Neds has hit back at a class action alleging its use of in-play fast code betting services was illegal, launching a counterclaim to claw back group members’ winnings.
A Queensland solicitor has been referred to the Legal Services Commission after filing submissions in a client’s traffic offense case that a judge said contained fake citations and may have been AI-generated.
The corporate regulator has filed proceedings seeking to wind up a company in the steel empire of billionaire Sanjeev Gupta for failure to lodge financial reports for four years.
A court has granted the corporate regulator leave to proceed with a lawsuit against collapsed advisory firm MWL Financial for advising clients to invest $114 million in their super into Keystone’s failed Shield Master Fund.
Delivering his findings on ASIC’s action against Star Entertainment executives on Thursday, Federal Court Justice Michael Lee remarked that the “self-congratulatory submissions” of former board members named in the case were “jarring”.
In finding Star Entertainment’s former group general counsel liable for breaches of duty, the judge overseeing ASIC’s case has questioned the chief lawyer’s insistence that she “rarely gave legal advice” and that her roles with the company should be delineated.
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