High Court to review Macdonald, Obeids convictions

Posted on by Cat Fredenburgh
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The High Court has granted special leave applications by labor politicians Ian Macdonald and Eddie Obeid, and his son Moses Obeid, seeking to toss their convictions for conspiracy to rig a mining exploration tender.

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Clough’s $54M cross-claim stayed in feud with JV partner over EnergyConnect project

Posted on by Christine Caulfield
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A judge has stayed engineering firm Clough’s $54 million cross-claim against its former joint venture partner on the EnergyConnect transmission project, Elecnor, saying the claim must be sent to arbitration.

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‘I’m really going to miss this’: Construction list judge’s curtain call gets a laugh

Posted on by Christine Caulfield
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Turning back to counsel on rising from the bench after an urgent hearing in a dispute between Dexus and the operator of Melbourne airport, Justice James Stevenson told them what his impending retirement would mean.

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Court sets date for Dexus fight with APAC, investor funds

Posted on by Christine Caulfield
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The date has been set for a court battle over Dexus’ sale of shares in Asia Pacific Airport Corporation, a fight the operator of Melbourne and Launceston airports says needs 10 hearing days.

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Brookfield sells down stake in Dalrymple Bay Infrastructure

Posted on by Cat Fredenburgh
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Brookfield has shed 23.2 per cent of the stapled securities in major coal exporter Dalrymple Bay Infrastructure, but remains the major shareholder, retaining a 26.25 per cent interest in the venture. 

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Non-bank lenders may soon play $90B role in real estate funding

Posted on by Christine Caulfield
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Private credit supporting Australian real estate could grow by 80 per cent over the next five years, largely fueled by increased residential development lending, according to forecasting by CBRE.

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NSW government invests $115.5M in logistics precinct for clean energy push

Posted on by Cat Fredenburgh
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Save (0) Please login to bookmark Close Username or Email Address Password Remember Me The NSW government has budgeted $115.5 million for a new logistics precinct in Newcastle, which will be used to store equipment needed for the state’s renewable energy push. The Minns government allocated $115.5 million for the new precinct — located next…

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Law firm loses challenge to $1.1M fee cut in Aveo class action

Posted on by Cindy Cameronne
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Save (0) Please login to bookmark Close Username or Email Address Password Remember Me An appeals court has dismissed a law firm’s challenge to a ruling that cut $1.14 million of its fees from a settled class action against retirement home operator Aveo, noting the “inordinate delay” in preparing key evidence.  The class action, launched…

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