Lendlease has resolved its challenge to a valuation for the site of its $3.1 billion luxury development One Circular Quay, located between the Harbour Bridge and the Sydney Opera House.
Lendlease has abandoned its bid to purchase a parcel of land owned by one of Australia’s oldest families for well below market value as part of its project to develop 6,700 homes in Campbelltown, Sydney.
Crown has sued Lendlease and a host of other companies that signed off on the use of combustible cladding on the façade of the Metropol in Southbank, which it says resulted in two years of expensive rectification work.
Lendlease has finalised the $235 million sale of infrastructure investor Capella Capital to Japanese trading company Sojitz Corporation.
Corrs Chambers Westgrath helped get Stockland’s complex $1.06 billion acquisition of a dozen masterplanned community from Lendlease over the line late last year.
Chinese builder Yuanda has settled a lawsuit against its former director that alleged he diverted building contracts, including a project with Lendlease, to his current employer SRG Global.
Class closure orders are “anathema” to the purpose of group proceedings in facilitating access to justice and should never be ordered, the High Court has been told.
The ACCC will not oppose Lendlease’s plan to sell a portfolio of residential projects to Stockland for $1.3 billion after accepting Stockland’s plan to divest a project in Illawarra.
Lendlease, which is facing claims by a former Greenwoods & Herbert Smith Freehills partner over its alleged “aggressive taxation position”, has failed in its bid for orders that evidence of the partner’s alleged loss be filed before mediation.
Lendlease has hit back at a lawsuit by a former Greenwoods & Freehills partner who alleged he was sacked for complaining about the company’s “aggressive taxation position”, claiming the partner reached out after he left the firm welcoming the chance to work with the company again.