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Construction PRO
Clough’s $54M cross-claim stayed in feud with JV partner over EnergyConnect project
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.
Construction PRO
‘I’m really going to miss this’: Construction list judge’s curtain call gets a laugh
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.
Construction PRO
Court sets date for Dexus fight with APAC, investor funds
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.
Construction PRO
Non-bank lenders may soon play $90B role in real estate funding
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.
NACC finds no corruption in $2.5M Brittany Higgins settlement
After an extensive investigation, the federal corruption watchdog on Thursday cleared the government's $2.5 million settlement with former Liberal staffer Brittany Higgins of allegations of improper influence.
Settlement sum in Exactech class action revealed
Medical device maker Exactech will pay $8.7 million to end a class action that alleges its joint replacement implants were defective. 
Construction PRO
Roberts Co picked for Macquarie Steet hotel revamp
While parts of the business have been placed in administration, Roberts Co has been selected as development manager and early contractor for a project on Sydney's Macquarie Street.
Corrs picks up trade expert from Norton Rose Fulbright
Corrs Chambers Westgarth has recruited an arbitration and commercial partner from Norton Rose Fulbright to be the law firm's new head of trade.
Construction PRO
MinterEllison advises Johns Lyng on Pacific Equity Partners’ buyout offer
Johns Lyng Group confirmed Wednesday it had received a takeover offer from Pacific Equity Partners for an undisclosed sum and has granted the private equity firm an exclusivity period to undergo due diligence.
Lendlease, Greenwoods settle case by ex-tax partner
Lendlease and tax advisory firm Greenwoods & Herbert Smith Freehills have reached a settlement in a case by solicitor and accountant Anthony Watson, which accused the builder of taking an "aggressive" position on its taxes.