Engineering company Monadelphous Group has entered an agreement to acquire Western Australia-based Kerman Contracting for $15 million.
The board administering the ESSSuper fund, which is facing a class action alleging it miscalculated the entitlements of transport shift workers in Victoria, has denied any liability, saying it was not involved in determining how entitlements were calculated.
WiseTech’s Sydney office has been raided by federal police and the corporate regulator as part of an investigation into share trading by its billionaire chairman and founder Richard White and three others.
Trial has kicked off in ASIC’s first-ever design and distribution suit over high-risk contracts for difference, after an in-principle agreement reached with investment company eToro fell through.
The judge overseeing a class action against TeleChoice has told the parties to be “prepared to spend the money” to advance the case after settlement talks stalled, saying the court is “not going to allow this to drag on”.
Andrew ‘Twiggy’ Forrest’s Fortescue can’t get access to nine million seized documents in its trade secrets spat against green iron start-up Element Zero.
A judge wants answers on why builder Geocon has filed a $4 million construction dispute over two Canberra developments in the Federal Court, where a separate fight with its joint venture partners is playing out.
Centuria has locked in a 10-year lease with Tesla at an industrial site in Derrimut, Victoria and is considering developing another data centre near an existing Telstra facility in the state.
The events described by an ex-Master Builders Association board member read like a best-seller, involving as they do boardroom drama, a secret investigation and an alleged whistleblower. But as thrilling as they sound, they don’t support orders for discovery against the construction lobby group, a judge has said.
A real estate agency in Victoria has lost a suit seeking the payment of its advertising costs from a former client, with a judge finding that writing ‘TBA’ in the contract defeated the consumer protection purpose of rules for real estate agents.