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Construction PRO
CorVal sells Gold Coast Corporate Centre for $109M
Property fund manager CorVal has sold off the balance of the Gold Coast Corporate Centre in Bundall for $109 million, in the city's largest ever office deal.
Construction PRO
Class action over $85M Clydesdale development reaches settlement
A settlement has been reached in a class action on behalf of people who purchased off-the-plan homes in the Clydesdale Estate in north-west Sydney.
EnergyAustralia settles greenwashing case on eve of trial
EnergyAustralia has reached a settlement with advocacy group Parents for Climate in a suit accusing it of falsely promoting its carbon offset products as carbon neutral.
Apple defeats patent infringement suit over Touch ID technology
Apple has defeated a claim by an Australian non-practicing entity that its patents for a remote entry system were infringed by the tech company’s Touch ID and Face ID technology. 
Construction PRO
West Gate Tunnel builders claim $359M from Aurecon for alleged design errors
West Gate Tunnel builders CPB Contractors and John Holland say engineer Aurecon Australasia should be on the hook for $359 million in damages for alleged design errors in Victoria’s West Tunnel project, a court has heard. 
Construction PRO
Dexus accused of breaching confidentiality in Melbourne, Launceston airport share sale
Dexus faces allegations it breached a shareholder deed in selling a stake in the privately-owned Asia Pacific Airport Corporation, which operates Melbourne and Launceston Airports.
Construction PRO
Privium liquidators get more time to pursue lawsuits over ‘questionable’ transactions
Liquidators of collapsed builder Privium have won extra time to pursue potential proceedings over a number of suspicious transactions, which include unexplained payments to companies associated with a director.
Construction PRO
Roberts Co Vic administrators can hold funds for Probuild subcontractors on trust: court
Administrators of construction company Roberts Co Victoria, which owes $272 million to 470 creditors, are justified in treating funds as if held on trust for subcontractors on six projects in Melbourne, a judge has found.
Construction PRO
Beacon Minerals geological consultant pleads guilty to insider trading
A geological consultant for gold mining company Beacon Minerals has pleaded guilty to insider trading, while a former project manager for the company maintains he is not guilty.
ASIC accuses Macquarie of 14 years of short sale reporting failures
ASIC has taken Macquarie Securities to court alleging it failed to accurately report at least 73 million short sales over a period of 14 years.