Industries

The owners corporation of a 98-unit Parklea development by defunct builder Dyldam Developments has failed in its attempt to claim insurance for building defects in a property completed 17 years ago, with a court finding that time was up. 

Herbert Smith Freehills has bolstered its Brisbane energy practice by luring a pair of partners from Allens and Johnson Winter Slattery.

Dovetail has hit back at a lawsuit alleging its boss sexually assaulted the tech start-up’s female legal counsel, claiming it was a “consensual loving relationship”.

Generic drug maker Sandoz wants to shield information turned up by preliminary discovery orders from the eyes of Amgen patent attorneys in a spat over cheap versions of Amgen's bone disease drugs, and says if they view the material they should be barred from prosecuting future related patents.

A judge has ordered Fortrend Securities to pay $181,000 in penalties after finding it unlawfully withheld the bonuses of two financial advisers who jumped ship to rival Shaw & Partners, saying the lower penalties were appropriate despite "not a word of contrition”. 

Roberts Co NSW has been sold to United Arab Emirates-based developer Arada, in a deal that includes a $20 million recapitalisation with a view to expanding the Australian builder’s business into the UAE.

Adelaide real estate group Taplin has acquired the Kurralta Park Village shopping centre from Coles, with the supermarket giant reselling the site for a $1 million profit after just 2 years. 

A hearing has gone ahead in a dispute over an aborted $30 million property dispute, with a judge rejecting Aintree Major Town Shopping Centre's bid to vacate because of its “manifestly inadequate" preparation.

Rio Tinto has put down $75 million for Zanthus Resources' interest in the Yarraloola Iron Ore project assets in Western Australia's Pilbara region as part of a joint venture with Mitsui & Co and Nippon Steel.