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Construction PRO
The Fair Work Commission has rejected Japanese company Inpex’s urgent application to halt industrial action at its Darwin Ichthys onshore and offshore facilities, saying the company failed to prove the action would significantly disrupt the economy.
Construction PRO
A developer has taken builder LU Simon to court, seeking an order that it pay $8.7 million in liquidated damages for failing to complete a $74 million residential development in Box Hill on time.
ASX Limited has reached a settlement with the corporate regulator just hours before a scheduled trial in a case over a market announcement that said its CHESS replacement project was “progressing well”.
Construction PRO
A judge has rejected claims by a Neil Mansell unit that comments he made at a mention in February made it appear he had a “closed mind” in deciding a long-running dispute over a Sunshine Coast quarry.
A Mitre 10 franchisee’s case alleging Bunnings engaged in anti-competitive conduct by launching a $36 million store in regional Queensland will have significance for other independent hardware retailers that have closed down, a court has heard.
Construction PRO
Airport baggage handling company Alstef Australia is trying to halt Brisbane Airport Corporation from calling on $13.4 million in bank guarantees, in a dispute over a contract for works to upgrade the baggage system at the airport's domestic terminal.
A class action alleging Sportsbet provided unlawful gambling services plans to cross-examine its CEO over his claim the company would not have offered the bets if it knew they were illegal, with the court hearing he relied on legal advice.
Defunct forex broker Union Standard and its former agents have been hit with a combined $300.2 million penalty for “egregious” contraventions, including deliberately pushing risky derivative contracts onto inexperienced investors.
Cement Australia has lost its bid to have a construction issue relating to a deed of release in a fight with a defunct subsidiary over a $1.2 million asbestos claim determined ahead of trial.
Construction PRO
A court has dismissed a bid to temporarily block a deed of company arrangement for Halo Tower developer FT Sydney, after hearing an injunction might jeopardise a sale to Cbus Property, set to settle in July.