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Cushman & Wakefield unit loses suit over $1.2B property services acquisition
Real Estate 2025-02-05 11:48 pm By Cindy Cameronne

Commercial property firm DTZ Worldwide has lost its bid for $243 million in damages related to its acquisition of United Group from UGL Limited over United’s alleged failure to disclose that a key contract was ā€œloss-makingā€.Ā 

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CapitaLand exec accused of stealing $2.7M still missing in South Korea
Real Estate 2025-02-05 11:20 pm By Christine Caulfield

Singapore real estate asset manager CapitaLand is still looking for an executive accused of stealing $2.7 million, eight months after securing freezing orders against him, a court has heard.

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Victoria’s inquiry into regional housing crisis gets underway
Victoria 2025-02-05 11:12 pm By Christine Caulfield

A state parliament inquiry is underway into the supply of homes in regional Victoria amid a critical housing shortage.

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SkyCity Adelaide settles tax dispute with SA treasurer for $38.1M
Tax 2025-02-03 4:30 pm By Cindy Cameronne

SkyCity has agreed to settle its dispute with the Treasurer of South Australia over the treatment of electronic gaming credits after losing its High Court challenge in October.Ā 

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ACCC launches probe into IAG’s $855M bid for RACQ’s insurance biz
Competition & Consumer Protection 2025-02-03 11:43 pm By Cat Fredenburgh

The competition regulator is seeking views on whether IAG’s bid to acquire a 90 per cent stake in RACQ’s insurance underwriting business for $855 million could saddle consumers with higher prices.

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Judge recuses himself from United Petroleum’s fight with Perth Airport over lease
Construction 2025-02-05 4:20 pm By Cat Fredenburgh

A judge has recused himself on the eve of trial from hearing a dispute between United Petroleum and Perth Airport over a lease and construction agreement, after revealing he had a relationship with one of the petrol chain’s witnesses.

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Associate of Graaf Group founder canā€™t block sale of $22M Potts Point property
Real Estate 2025-02-04 11:44 pm By Sam Matthews

A judge has rejected an ā€œambitious and novelā€ freezing order sought by a creditor and former associate of bankrupt Graaf Group founder Gennaro Autore over a $22 million boutique hotel in Potts Point.

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‘Dogmatic statements’: Lawyer affidavits slashed in Energy Resources suit
Energy & Natural Resources 2025-02-04 11:28 pm By Cat Fredenburgh

A judge hearing a discovery spat in a suit by Rio Tinto unit Energy Resources has slashed two affidavits from the company’s lawyers, calling them “little more than dogmatic statements”.

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Maddocks reps Simonds Group in $10M purchase of Dennis Family Homes
M&A 2025-02-04 11:32 pm By Christine Caulfield

Law firm Maddocks has advised Simonds Group on its $10 million pick-up of Dennis Family Homes, an acquisition expected to generate $200 million in additional revenue for the homebuilder next year.

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Dentons adds major projects partner from Baker McKenzie
Transportation & Infrastructure 2025-02-04 11:58 pm By Julia Kanapathippillai

Dentons has welcomed a partner from Baker McKenzie to join its infrastructure, major projects, and energy team in the firm’s Melbourne office.

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