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Sovereign wealth fund Abu Dhabi Investments Authority has sold the Novotel and Ibis hotels in Sydney’s Darling Harbour to Wentworth Capital for $390 million.
Sydney Uni wants to amend case against Multiplex over Charles Perkins Centre
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The University of Sydney is seeking to push back the trial date in its six-year-old case against Multiplex over alleged defects at the Charles Perkins Centre, alleging it has recently discovered new problems with the building.
Coles says discount policies justified at time of ‘dramatic’ inflation
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Coles has told a court that its decision to change its discount policies was unsurprising during a period of significant inflation, denying claims by the ACCC that its ‘Down Down’ promotions were misleading.
Quinn Emanuel ducks $24M security in hotel quarantine class action
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A judge has ordered the firm behind a class action over Victoria’s COVID-19 hotel quarantine program to pay another $3.6 million in security for costs, a far cry from the $24 million sought by the state to cover its outlay.
White & Case nabs KWM corporate partner
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White & Case has lured a partner from King & Wood Mallesons with more than 20 years of experience working on private equity and mergers and acquisitions.
‘The dead are many’: Traditional owners file class action over Wittenoom asbestos waste
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Traditional land owners in the central Pilbara have filed a class action to force the removal of dumped asbestos waste, some 60 years after the Wittenoom asbestos mines closed and the town was struck from the map.
Court finds power to send $1.5M SOPA fight back to ajudicator
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Highrise fitout company Starline Interiors has persuaded a court to return a $1.5 million payment dispute to an adjudicator, whose earlier decision against the head contractor on a luxury Gold Coast tower was declared void.
Macquarie Health must cough up security in ‘mega litigation’ over development
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Macquarie International Health Clinic must pay an additional $900,000 in security for costs in a decades-long case over a proposed development of a private hospital within the precincts of Sydney’s Royal Prince Alfred Hospital.
Hughenden Hotel developer prevails in court fight with council
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A court has signed off on development plans for the Hughenden Hotel in Sydney’s east featuring a heritage listed Victorian Villa, with the developer overcoming concerns about the lack of parking at the site.
Lightsource bp sells solar assets to Aula Energy
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BP subsidiary Lightsource bp has announced the sale of five of its solar assets to Aula Energy, as part of a plan to shift its focus to hybrid projects.