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Construction PRO
Shinetec wins round in spat over $185M Gosford development
A judge has handed Shinetec a win in its dispute with the developer of a scuttled $185 million project in Sydney, finding that $48 million owed by the builder to its parent company after the developer called on a letter of credit fell within the definition of ‘secured money’.
Construction PRO
Court throws out native title appeal over AngloGold mining leases
An appeals court has confirmed that mining companies AngloGold and IGO Limited did not need to renegotiate native title approvals when they consolidated 31 existing mining leases into a single lease. 
Construction PRO
National Storage REIT receives $4B takeover offer from Brookfield consortium
A consortium of Brookfield Property and GIC Investments has moved to acquire National Storage REIT, making an offer that values the self-storage investor at $4 billion.
Construction PRO
Developer Paul Chiodo appeals liquidator’s $9M proof of debt rejection
Property developer and former director of collapsed Keystone Asset Manager Paul Chiodo is appealing the rejection by liquidators of a $9 million proof of debt.
Cbus trustee must pay $23.5M in ASIC case over delayed death benefits
A judge has ordered trustee United Super to pay $23.5 million after admitting it was liable for excessive delays in processing $20 million in death and disability claims.
Bendigo Bank says review found systemic AML/CTF failures
A Deloitte review has found lax compliance with anti-money laundering rules by Bendigo Bank over a six-year period.
Foxtel can’t knock out Tencent’s Arena Breakout trade mark
Chinese video game giant Tencent can amend a bid to register its Arena Breakout videogame trade marks, after IP Australia found only minimal overlap with Foxtel’s ‘Arena’ brand.
The Australian to claim truth defence in JLL execs’ cases, court told
The publisher of The Australian will bring a truth defence to defamation claims by two sacked executives of commercial real estate broker JLL who claim they were falsely accused of sexual harassment, a court has heard. 
Construction PRO
Meriton loses land valuation challenge for Sydney development
A court has upheld the $63.8 million valuation of an inner-Sydney high-rise, rejecting Meriton's argument that it should be reduced to $52 million because of its isolation from public transport.
Construction PRO
Builder’s ‘cute’ bid to dodge fire safety fixes at Canberra development rejected
Chase Builders can't avoid completing fire safety rectification works at the Manhattan on the Park apartment complex in Canberra by citing a 10-year limitations period after running down the clock with litigation, a tribunal has said.