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Iplex Pipelines has argued builder BGC should hand over documents relating to its estimate that it will cost $123 million to fix homes it claims were fitted with faulty pipes manufactured by the Fletcher Building unit.
Insurer must indemnify Rio Tinto mine operator for labour hire worker’s injury
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A GIO insurance policy held by labour hire company Workpac extended to indemnify a Rio Tinto mine operator for damages resulting from an injury to a worker, an appeals court has found.
US-based Air T to acquire regional carrier Rex Airlines
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The administrators of struggling regional airline Rex have entered into a sale agreement with NASDAQ-listed aviation holding company Air T, with the federal government stepping in to facilitate the sale.
Mills Oakley snags new partners for litigation, insurance teams
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Mills Oakley has lured three new partners to join its commercial disputes and insurance teams from DLA Piper, HopgoodGanim and Holding Redlich.
LU Simon can’t stop Argyle Sq developer from calling on security
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Builder LU Simon has failed in an injunction bid as part of its case against the developer of a $52 million project in the inner city Melbourne suburb of Carlton.
VCAT decision against developer ‘lacks intelligible justification’: court
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A property developer has won its challenge to a VCAT decision that tanked its subdivision plans, with an appeals court accepting its argument that the decision was “seriously illogical”.
A&O Shearman launches Aussie real estate practice with SPB partner
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A&O Shearman has poached a Squire Patton Boggs partner to build a dedicated real estate practice in Australia.
Companies to face higher penalties under proposed environment laws
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The federal government plans to significantly increase penalties for companies that contravene environment laws as it moves forward with a suite of changes described by Greens Senator Sarah Hanson-Young as “not worth the paper they’re printed on”.
Lendlease offloads $900M Erina Fair shopping centre from embattled fund
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Lendlease has reportedly sold the $900 million Erina Fair shopping centre on NSW’s Central Coast, one of the assets that formed part of an unlisted fund the real estate giant has fought to maintain control over.
Regis Healthcare inks $45M deal for 2 aged care homes
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Regis Healthcare has acquired two new aged care homes in regional Victoria for $45 million to meet growing demand for its services.