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Joining CBRE Investment Management in fast-tracking developer Aliro Group’s flagship industrial vehicle, Canadian super fund PSP Investments has committed up to $800 million for investment.
Kaloriziko appeals ruling on Ryde development offset
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Developer Kaloriziko has appealed a ruling which rejected its claim that a property deal involving related parties extinguished a $2.12 million liability to a builder on the ‘Sky Gardens’ residential development in Ryde, NSW.
Abacus Storage grants due diligence to consortium behind $2.2B takeover offer
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Abacus Storage Kings will open its books for a consortium of Ki Corporation and New York Stock Exchange-listed Public Storage, which lobbed a $2.2 billion takeover offer last week.
Law firm’s cut no sure thing as judge OKs $87M settlement in Hino class action
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A judge has approved an $87 million settlement in a class action against Hino Motors, but says he needs to hear from a contradictor before greenlighting a law firm’s 25 per cent contingency fee.
Barrister loses bid to appeal in fight with solicitors over cavoodle case fees
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A barrister who won a defamation case against Nine over an Instagram-famous cavoodle has lost her bid to appeal a ruling in a fight with her former solicitors over fees.
Contempt bid against Nine’s in-house lawyers, journalists dismissed
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A judge has tossed an application for a contempt hearing against in-house lawyers, editors and journalists at Nine who allegedly breached suppression orders in a former ABC radio host’s unfair dismissal case.
Law firm files representative complaint with OAIC over Qantas data breach
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A law firm has filed a representative complaint with the OAIC on behalf of six million Qantas customers affected by the company’s recent data breach.
Port of Newcastle defeats Glencore suit over wharfage fees
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Glencore Coal has lost its case against the Port of Newcastle alleging it has been overcharged shipping fees based on a determination by the competition watchdog.
Discrimination class action against NT police could raise ‘massive issue’: judge
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A racial discrimination class action against the Northern Territory government and its police commissioner could “call into question” policing across the territory, a judge has said.
CBA faces union action for alleged offshoring of hundreds of jobs
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The Finance Sector Union has taken Commonwealth Bank to the Fair Work Commission over the alleged “sham redundancy” of over 100 positions it says are being offshored to India in breach of an enterprise agreement.