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Construction PRO
Ashurst picks up leading corporate lawyer from HSF
A leading corporate lawyer who advised on the $32 billion acquisition of Sydney Airport has made the jump to Ashurst from Herbert Smith Freehills Kramer.
Construction PRO
‘Extremely inconvenient’: Court unhappy with arbitration push in EnergyConnect project spat
In a court fight between engineering firm Clough and its former joint venture partner Elecnor, a judge has questioned Elecnor’s “extremely inconvenient” bid to send Clough’s $54 million cross-claim to arbitration in Singapore.
Construction PRO
Albanese government signs off on extension of Woodside’s North West Shelf
Woodside's North West Shelf gas project will be extended until 2070, after receiving approval from the environment minister.
Construction PRO
QIC secures $2B to fuel Pacific Energy’s renewables growth
Queensland Investment Corporation has completed a $2 billion refinancing and equity deal for its remote and off-grid power distributor Pacific Energy.
Construction PRO
Queensland government axes $1B Moonlight Range wind farm
Following public consultation, the Queensland government has decided it will not move forward with the Moonlight Range wind farm, which was expected to power 260,000 homes per year with renewable energy.
Construction PRO
IFM Investors to play ‘active’ role in Dexus, APAC row over shares, court told
Global asset manager IFM Investors has hired a leading silk in a court battle with real estate and infrastructure manager Dexus, to assert its sizeable interest in the company that operates Melbourne's Tullamarine Airport.
Construction PRO
‘What’s done can’t be undone’: Judge says alleged Dexus breach seems irremediable
Dexus' denial of a breach of confidentiality in a battle with co-owners of airport operator APAC is unlikely to hold up, a judge has said, and what appears to have been done can't be undone. What the high-stakes row will come down to, he says, is materiality.
Construction PRO
Dexus wins injunction in battle over stake in Melbourne, Launceston airports
Real estate assets manager Dexus has won a court injunction against the forced sale of its shares in the company that operates Melbourne and Launceston Airports after allegations of confidentiality breaches.