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Construction PRO
A consortium of Ki Corporation and New York Stock Exchange-listed Public Storage has pulled a $2.2 billion offer to acquire Abacus Storage Kings.
Construction PRO
Plumbing company Flowmotion has brought a court application seeking the OK to pursue a payment claim against the Victorian unit of builder Roberts Co, which entered administration five months ago.
Construction PRO
Hotelier Mark Barry has sold the iconic Fire House Hotel for a reported $35 million, in the first freehold hotel transaction in North Sydney's CBD in more than 40 years.
Westpac’s defunct mortgage unit RAMS has accused a class action by former franchisees of attempting to “hijack” civil penalty proceedings by the corporate regulator by seeking to intervene in the case.
German investment firm Aurelius can add new claims in a dispute with explosives company Orica over a $180 million acquisition, but a judge has called out solicitors for both sides for filing material of “inordinate length” on an application concerning well-established law.
IC Markets is fighting a class action's bid for “highly private and confidential” information about possible group members to craft personalised opt-out notices, arguing the information would be safer in the hands of a third-party mailing house than a plaintiff firm given increasing cyberattack risks.
Construction PRO
A Sydney developer has launched a bid to opt out as a group member of a combustible cladding class action against 3A Composites and Halifax to bring its own "copy" of the case.
Construction PRO
The liquidators of real estate investment company Global Capital Property Fund have sued the company’s current and former directors, alleging breaches of fiduciary duties in relation to a Queensland development.
A developer for a high rise building in Mascot, Sydney has launched a post-trial bid to opt out as a group member of a class action against cladding manufacturer 3A Composites and supplier Halifax, in order to bring its own "copy" of the case.
Fonterra said Tuesday it had settled a dispute with Bega Cheese over the status of lucrative licence agreements as part of a $3.8 billion sale of its Australian business to French dairy company Lactalis.