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Construction PRO
Property fund manager GPT Group has announced it will increase its stake in Melbourne’s Highpoint Shopping Centre to 25 per cent in a $204.6 million transaction.
Chemical manufacturer 3M is facing a class action alleging it sold products containing hazardous materials known as PFAS without disclosing the risks they posed.
Construction PRO
A judge has rejected green developer Kingshill’s development application for an “ecologically sustainable” 1,900 residential lot concept in Port Stephens, upholding findings that it could have significant impacts on local wildlife.
Construction PRO
The owners of One Central Park in Sydney have struck a deal with the NSW government for more time to replace its Aluminium Composite Panel cladding, which has been largely banned due to fire risk.
Healthcare giant Johnson & Johnson is facing a new class action alleging it sold talcum powder that was contaminated with asbestos and caused reproductive system cancers in women.
Construction PRO
A recent High Court decision that dealt a blow to builders and developers in NSW will usher in a return to a pre-2002 litigation regime, when plaintiffs only sued the parties with the deepest pockets, an expert has told Lawyerly.
A former ANZ trader who was allegedly axed after complaining about manipulation of the bank bill swap rate has largely lost his application to amend his case.
Sportsbet is facing a class action alleging it provided an unlawful in-play online betting service, with punters looking to recoup their losses from the gambling operator.
Construction PRO
The valuer general of Victoria has told the High Court that a property in Melbourne's CBD should be valued at $6.2 million rather than $2.9 million, despite a heritage constraint on development.
Radio manufacturer Hytera wants the High Court to hear its appeal of a finding that it misappropriated Motorola's source code in a case of "substantial industrial theft”.