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Construction PRO
Suit tossed over failed $20.7M deal for Adgemis’ Hotel Diplomat
A judge has tossed a suit seeking to recover a $1 million deposit on a $20.7 million agreement to purchase the former Jon Adgemis-owned Hotel Diplomat in Potts Point, after the deal fell through over concerns about mould and water ingress.
Construction PRO
Landbridge starts ICSID proceedings in fight over Darwin Port
The owner of Darwin Port, Landbridge Group, has brought arbitration proceedings against the Australian government following threats that it will force the Chinese firm to sell the port.
Construction PRO
Gadens adds 2 real estate, construction partners in latest hiring round
Gadens has brought on eight new partners, building out its offering for in-demand practices like corporate, financial services and real estate and construction.
Google, Meta, TikTok to face tax for not doing deals with media companies
Under proposed new legislation, digital platforms like Google, Meta and TikTok would face a 2.5 per cent tax on their local revenue if they fail to do commercial deals with news publishers.
HSF Kramer appoints 8 executive counsel in Australia
HSF Kramer has appointed eight new executive counsel in Australia from a cross-section of major practice areas, a week after announcing its latest round of partner promotions.
Emma Sleep to pay $15M penalty, less than half the ACCC’s sum
A judge has hit mattress retailer Emma Sleep with a $15 million penalty after it admitted to repeatedly misleading consumers about discounts, saying the ACCC's proposed $36 million was not needed to achieve deterrence.
Construction PRO
High Court asked to overturn domestic building insurance ruling
The High Court has been asked to overturn a ruling from the Victorian Court of Appeal that found domestic building insurance policies do not respond to when a defect arises, but rather to when loss or damage is suffered.
Construction PRO
Gov’t throws $45M into plan for ‘one-stop-shop’ approval process
The federal government will spend $45 million over the next four years to develop bilateral agreements with states that will put an end to duplicative environmental approvals. 
Class action alleges Pfizer knew of Depo-Provera’s brain tumor risks
US drug maker Pfizer has been hit with a class action alleging it knew or ought to have known about the increased risk that patients who used its injectable contraceptive Depo-Provera could develop brain tumors.
Light & Wonder hit with class action over theft of Aristocrat’s trade secrets
Gaming company Light & Wonder has been hit with a securities class action over disclosures about its Dragon Train poker game, after an employee's theft of rival Aristocrat's trade secrets led to litigation that settled for $190 million.