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Construction PRO
NorthWest vows to work with Healthscope buyers as hospital group fails
Northwest Healthcare Properties REIT has promised to work with potential buyers as Healthscope -- the trust's second largest tenant -- collapses.
Construction PRO
IFM Investors to play ‘active’ role in Dexus, APAC row over shares, court told
Global asset manager IFM Investors has hired a leading silk in a court battle with real estate and infrastructure manager Dexus, to assert its sizeable interest in the company that operates Melbourne's Tullamarine Airport.
Construction PRO
Qube, developer lose $20M claim against Defence over contaminated land
A Qube unit and a developer have lost their $20 million claim alleging the Department of Defence failed to properly address asbestos contamination on leased land which was redeveloped into a terminal facility in Moorebank. 
Construction PRO
Builtcom says court’s ruling ‘disables’ progress payments on Sydney project
Challenging an $8.5 million adjudication on a payment claim that sought over $30 million from developer VSD Investments, construction company Builtcom says it is effectively "disabled" from recovery of progress payments.
Construction PRO
Legal action filed over Woodside’s North West Shelf extension bid
Woodside’s bid to extend its North West Shelf gas project by 40 years faces more resistance after Greenpeace's challenge was denied, this time through court action seeking protection of culturally significant rock art.
IAG’s $855M acquisition of RACQ Insurance cleared by ACCC
The Australian Competition and Consumer Commission will not oppose IAG’s acquisition of RACQI, saying more established insurers will still be able to compete in Queensland.
Squire Patton Boggs scoops up Allens lawyer for corporate practice
Squire Patton Boggs has recruited a private equity specialist from Allens for its Sydney corporate practice.
Former JPMorgan trader jailed for 2 1/2 years for fraud
Former JPMorgan head trader Mark McCabe will spend a minimum two years and six months in prison after pleading guilty to defrauding clients out of almost $1 million.
Allens picks up restructuring partner from Baker McKenzie
Allens has added a Baker McKenzie partner to its restructuring practice in Sydney. 
Construction PRO
‘What’s done can’t be undone’: Judge says alleged Dexus breach seems irremediable
Dexus' denial of a breach of confidentiality in a battle with co-owners of airport operator APAC is unlikely to hold up, a judge has said, and what appears to have been done can't be undone. What the high-stakes row will come down to, he says, is materiality.