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Construction PRO
Hong Kong-based investors Chow Tai Fook Enterprises and Far East Consortium plan to terminate a $53 million agreement to buy out Star Entertainment's stake in the Queen’s Wharf entertainment project in Brisbane.
Construction PRO
A restructuring proposal by the founder of Roberts Co has won the approval of creditors of the developer, which are owed a total of $100 million.
Construction PRO
Saint Gobain-owned CSR faces litigation by an independent building insulation distributor alleging it abused its dominance by upping prices during the pandemic.
Construction PRO
Liquidators for iProsperity have been given the greenlight to enter into retainers with Norton Rose Fulbright to pursue claims against the defunct property group’s general manager and Crown Melbourne.
Construction PRO
Under proposed reforms to NSW tenancy laws, businesses that publish misleading photographs of rental penalties will face penalties of up to $22,000 and face new requirements for securing renters' personal data.
Construction PRO
Jones Day has lured a real estate expert from Clayton Utz to join its Brisbane office as a partner.
The University of Newcastle has been hit with a class action alleging students were misled into studying an engineering degree that lacked professional accreditation and left them unable to apply for employment.
General Motors has moved to strike-out a class action over allegedly faulty transmission systems in Holden cars, arguing the plaintiff needs to plead the alleged design flaw with specificity, not just by reference to symptoms.
The corporate regulator has brought action against three companies in Sanjeev Gupta's steel empire, alleging the businesses have defaulted on their obligations to lodge annual financial reports.
The ACT government is pushing for an initial trial dealing with “gateway questions” in a class action over alleged forced relocations of public housing tenants, after it lost a bid to summarily dismiss the case.