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Construction PRO
Renewable energy projects are moving away from rigid, long-term tolling agreements towards more flexible financing structures, according to an Ashurst partner, with lenders warming to new mechanisms like virtual tolling agreements.
A global settlement may now be within reach in a class action brought by Navy technicians over training contracts after a larger number of same group members' claims have been assessed, a court has heard.
Construction PRO
Developer H1land Group wants to revise its case against Victoria's Suburban Rail Loop Authority over a substratum land acquisition, claiming that acquiring the land under the Major Transports Projects Act amounts to equitable fraud.
An employment class action against McDonald's and its franchisees has won a last-minute bid to file evidence by three new witnesses after a key witness withdrew from the case.
Film producer Greer Simpkin thought ‘The Deb’ actress Charlotte MacInnes was “fudging” when she walked back an alleged complaint to director Rebel Wilson, a court has heard.
Construction PRO
The owners corporation of a luxury apartment block in Sydney’s North Shore have been awarded $7.8 million in a summary judgment ruling after developer Lotus Fund failed to put on more than bare denials.
A former director of marketing companies linked to the failed Shield and First Guardian funds says ASIC's 14-month investigation has left him facing a travel ban and freezing orders but no substantive allegations.
Three years after filing, the class actions against Hyundai and Kia are trying to pinpoint the defect at the heart of the cases, with the car manufacturers complaining that the newest pleading, which seeks to expand the claims to include an additional 380,000 vehicles, is still missing key details.
Construction PRO
A Phoenix Property Investors special purpose vehicle has won a $57.75 million judgment against developer Rockdale Central Finco in a dispute over financing related to the construction of 50 residential apartments in a southern Sydney suburb.
Construction PRO
Roberts Construction has dodged a bid for security in proceedings seeking to claw back money it paid to a labour hire company, with a judge noting the presumption of insolvency was only established in a limited, “technical sense" in prior proceedings.