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Construction PRO
Cromwell Property Group will acquire a 20 per cent stake in Straits Real Estate's $470 million Australian industrial portfolio.
Penalties imposed for disclosure breaches will hit two directors of e-commerce firm Open4Sale where it hurts, after a court on Tuesday barred the pair from having recourse to any indemnity by the company.
Johnson Winter Slattery has beefed up its disputes practice, snagging two partners from rivals MinterEllison and White & Case.
Construction PRO
Real estate investment fund manager ISPT has sold an 11-storey A-Grade office tower in Parramatta's CBD for $82 million.
Construction PRO
The Australian Renewable Energy Agency will invest $45 million into Fortescue's first-of-its-kind solar innovation hub in Western Australia's Pilbara region.
A class action over alleged inflated insurance policy premiums charged by advisers of two Commonwealth Bank wealth management licensees has settled, the second class action over CommInsure to resolve this week.
The High Court has put the brakes on a $650 million case by Mercedes-Benz dealers over the car maker's switch to a fixed-price sales model, despite acknowledging the "important issues" the appeal raised.
The High Court won't weigh in on a case over strip searches of Qatar Airways passengers, following a mixed ruling that revived claims against the airline but found Qatar's aviation authority could not be sued.
A judge has lengthened the trial in pianist Jayson Gillham's case against the Melbourne Symphony Orchestra from five to 15 days, noting the substantial number of witnesses and the reputational consequences of the case.
Construction PRO
Blackrock-owned battery developer Akaysha Energy's planned 311 MW battery energy storage system on the Midland Highway in Victoria is ready to get off the ground, after Allens helped the project secure $460 million in financing.