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Construction PRO
Property developer Casey Group is weighing a cross-claim against Rossdale Golf Club in response to proceedings launched by Interpac unit Brencorp, which alleges Casey devised an "underhand deal" to block its acquisition of the southeast Melbourne club.
Construction PRO
Dashing hopes for a more "compelling" offer, US private equity firm Warburg Pincus has advised land lease and retirement village operator Ingenia Communities that its $2.14 billion takeover bid is its best and final offer.
Construction PRO
ASX-listed alternative asset manager HMC Capital has acquired the Coburns Central shopping centre in Melbourne's west for $49 million.
Construction PRO
Traditional land owners in the central Pilbara have sought to declass a group proceeding over waste from the Wittenoom asbestos mines, after the WA government argued claims predating the Federal Court’s class action regime were barred.
Construction PRO
Law firm Mills Oakley is seeking summary judgment in a lawsuit alleging it gave negligent advice about demolishing an inherited property, which allegedly resulted in the loss of a capital gains tax exemption.
Construction PRO
A contradictor has urged a judge to reject an $18 million settlement in a class action over sinking homes, saying that owners' claims that were excluded had not been fully investigated.
Construction PRO
The Australian Securities and Investments Commission has called for improvements in how mortgage brokers demonstrate that home loan recommendations are in customers’ best interests.
Construction PRO
A judge won't order expert mathematical evidence in a suit against Monash University over alleged unpaid bed rent, saying the calculations could be done by someone in Year 7.
The company behind the redevelopment of Melbourne’s former Hotel Lindrum has told a judge that the terms of a hotel management agreement were sufficient to establish use of the 'Lindrum' trade mark.
Construction PRO
The High Court has declined a special leave application from Victoria’s State Revenue Office over a battle with shopping centre landlord Vicinity Funds over $82.5 million in stamp duty.