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.

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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.

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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.

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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.

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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.

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Court tosses Built suit over Metropolitan Remand Centre construction contract

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Built has lost its lawsuit against the Victorian Correctional Infrastructure Partnership over a dispute resolution mechanism in a construction subcontract for upgrades to the Metropolitan Remand Centre. 

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Government kicks off search for partners on $93B high-speed rail project

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The Albanese government has issued seven tenders for its $93.6 billion project to build a high-speed rail between Newcastle and Sydney, which is expected to cut travel time by more than half.

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Sentros fails in appeal of Central Coast residential development

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A court has backed the NSW Central Coast Council’s decision to block the construction of a 118-lot residential development, after the developer failed to adequately offset the impacts on the swift parrot and squirrel glider. 

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