A tribunal has dealt a blow to ASX-listed residential park owner Ingenia, ordering it to repay 50 per cent of the rent charged to residents at a Queensland park whose rent was raised by more than 26 per cent following a market review.
US-based private equity giant Blackstone has reshuffled the leadership of its Australian real estate arm after head Chris Tynan stepped down for his role following a string of billion-dollar deals.
Jones Day has poached the head of Clayton Utz’s construction practice, with the reputable parter to join the US-based firm at a pivotal time for major projects.
MinterEllison has recruited a construction and infrastructure partner with more than 22 years of experience from Pinsent Masons to meet growing client demand for advice on large-scale projects.
A judge has dismissed an application for a freezing order against the developer behind a NSW Central Coast office block at the centre of a class action over alleged defects, including sub-par air conditioning.
US-based study help platform Chegg has copped a $500,000 penalty after the Tertiary Education Quality and Standards Agency found the site helped Monash University students cheat.
The operator of eyewear franchises OPSM and Laubman & Pank has paid a $19,800 penalty after the ACCC found it failed to provide up-to-date disclosures to prospective franchisees, several years after promising to make its franchise system more transparent.
HopgoodGanim has strengthened its leadership by hiring Clayton Utz CFO and COO Graeme Johnson, as the Queensland firm eyes continued growth and high performance.
US-based drug maker Cosette has lost its bid to stay proceedings alleging it induced the treasurer to reject its $672 million tie-up with Mayne Pharma, with a judge finding Mayne has a right to prosecute its case and would be prejudiced by the delay.
ARN has flagged it might file a cross-claim against Kyle Sandilands seeking the repayment of his earnings in response to the shock jock’s suit challenging its decision to scrap his 10-year $100 million contract with the network.
For information on rights and reprints, contact subscriptions@lawyerly.com.au
