Russia loses High Court fight over embassy lease termination

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Russia has lost its High Court challenge to the federal government’s decision to terminate its lease on a site where it intended to build a new embassy in Canberra, but the court found the Commonwealth must pay the country reasonable compensation. 

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John Holland ends deals with CFMEU for major NSW infrastructure projects

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John Holland and the CFMEU have voluntarily nixed agreements requiring the construction company to use certain labour hire businesses on two major projects in NSW, after the ACCC raised competition concerns. 

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‘Deliberate bad faith’ conduct by buyer of $26M Rose Bay villa, trial told

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After selling his $26 million Rose Bay mansion to AsheMorgan principal Michael Rothner in 2023, options trader David Waterhouse has levied allegations of “deliberate bad faith conduct”, on the first day of trial in a case over the mysterious removal of trees on a neighbouring property.

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ASIC accuses WA mineral exploration company of disclosure breaches

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ASIC has filed proceedings against mineral exploration company AVZ Minerals and two of its directors, alleging the company failed to disclose a critical legal dispute, including a forgery claim, relating to a $32 million lithium mine deal.

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Judge rejects ratchet contingency fee in MinRes class action

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A judge has ordered a flat contingency fee at a rate below the maximum sought by the firm running a class action against Mineral Resources, agreeing with a colleague that recent shareholder class action losses don’t justify a higher percentage.

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Cosette appeals loss over exit from $672M Mayne Pharma merger

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Cosette plans to appeal a ruling that rejected its bid to terminate an agreement to merge with Mayne Pharma, as the US drug company also refuses to agree to conditions needed to win Foreign Investment Review Board approval for the tie-up.

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Octopus Australia locks down funds for $900M Blind Creek solar farm

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Octopus Australia has reached financial close on its $900 Blind Creek solar farm and battery project in NSW’s Southern Tablelands region, clearing the way for construction to begin.

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Judge content to keep $4M Geocon construction dispute in Federal Court

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A judge who previously questioned why Geocon’s $4 million construction dispute over two Canberra developments was in the Federal Court has said he will continue to hear the case.

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