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Construction PRO
Kaloriziko appeals ruling on Ryde development offset
Developer Kaloriziko has appealed a ruling which rejected its claim that a property deal involving related parties extinguished a $2.12 million liability to a builder on the 'Sky Gardens' residential development in Ryde, NSW.
Construction PRO
Abacus Storage grants due diligence to consortium behind $2.2B takeover offer
Abacus Storage Kings will open its books for a consortium of Ki Corporation and New York Stock Exchange-listed Public Storage, which lobbed a $2.2 billion takeover offer last week.
Law firm’s cut no sure thing as judge OKs $87M settlement in Hino class action
A judge has approved an $87 million settlement in a class action against Hino Motors, but says he needs to hear from a contradictor before greenlighting a law firm's 25 per cent contingency fee.
Contempt bid against Nine’s in-house lawyers, journalists dismissed
A judge has tossed an application for a contempt hearing against in-house lawyers, editors and journalists at Nine who allegedly breached suppression orders in a former ABC radio host’s unfair dismissal case.
Class action alleges developer backed out of sales after market spiked
Developer Dennis Family Corporation has been hit with class action by purchasers of apartment units in Brisbane who allege their contracts were wrongly terminated after the market value of neighbouring properties soared by 40 per cent. 
Acciona’s takeover of waste-to-energy plant sparks ACCC concerns
The ACCC is concerned Acciona’s proposed acquisition of the East Rockingham waste-to-energy project would remove competition between the only two such facilities in Western Australia. 
ASIC wins travel ban, citing possible $640M in Keystone, Falcon investor losses
ASIC has won travel bans against two people who are being investigated over their links to Keystone and Falcon Capital funds, which are suspected of misusing investor money, after the regulator claimed losses could be “catastrophic”. 
Construction PRO
Atlantic Nickel can’t dodge new version of mining company’s $1B case
Atlantic Nickel has lost a challenge to further amendments to a case by failed suitor Mining Services International that alleges it lost the opportunity to purchase a Brazilian mine now valued at over $1 billion.
Construction PRO
Whitehaven wins fight with enviro groups over climate risk docs
Whitehaven Coal, which is locked in a fight with two conservation groups over the Winchester South coal mine in Queensland, has fought off an application for disclosure of internal climate risk documents created by a related entity.
Construction PRO
Alceon picks up Gold Coast shopping centre for $142M
Investment firm Alceon and retail consultancy Aktiv have acquired major Gold Coast shopping centre The Strand Coolongatta for $142 million, with plans to upgrade the site.