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The University of Sydney has won its bid to add an $80 million claim to its six-year-old case against Multiplex over alleged defects at the Charles Perkins Centre.
KWM advises Wollemi Capital on blended finance facility
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King & Wood Mallesons has advised Wollemi Capital on a blended finance facility provided by not-for-profit Transition Accelerator for a carbon credit reforestation project in Western Australia.
Court orders sale of Vantager properties, after finding ‘brazen fraud’ in $45M sale
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Developer Vantager has been ordered to sell off six properties to satisfy a judgment debt and compensate buyers who overpaid for a Denham Court property by more than $34 million due to what the court called the developer’s “brazen fraud and dishonesty”.
Corporate advisory firm Cadence loses out in building defects suit
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Corporate advisory firm Cadence has left court worse off after bringing a defects suit against a builder and subcontractor on a residential development in New South Wales’ south coast, with the builder winning a $140,000 judgment on its cross-claim.
Pilbara Ports Authority ordered to produce docs in fee fight with MinRes
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Mineral Resources has won a bid for more documents in its fight with the Pilbara Ports Authority over the validity of a channel charge.
Lander & Rogers strengthens disputes team with lawyer from HSFK
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Lander & Rogers has hired a disputes lawyer from Herbert Smith Freehills Kramer to join its Brisbane-based commercial disputes practice as a partner.
CPE Capital wins $96M in dispute over profit-sharing agreement
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A judge has awarded private equity firm CPE Capital, formerly CHAMP, $96 million in a dispute over a profit sharing agreement that was part of a deal to provide $150 million in vendor finance to FX Group Holdings for shares in trading platform Pepperstone.
Human rights activists want in on High Court copyright case
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Human rights and press freedom activists want to intervene in a High Court case over copyright ownership in abattoir footage obtained by trespass, saying the broader public interest might be affected by the case.
ACCC flags metro-wide concerns in Ampol’s $1B deal to buy EG
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The ACCC has narrowed the number of local sites in its sights as part of an assessment of Ampol’s $1.1 billion acquisition of EG Australia, but the “metropolitan-wide” effects of the merger in four major cities are under the microscope.
Courtenay House victims win case over Ponzi scheme losses
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Two victims of collapsed investment firm Courtenay House have won a case against the real estate agent who persuaded them to invest hundreds of thousands of dollars into the $180 million Ponzi scheme.