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Construction PRO
Victoria faces new foes in Pakenham Hospital land acquisition case
More parties have joined the land acquisition compensation dispute between Victoria and the joint venture owners of Pakenham Place Shopping Centre, a court heard Thursday.
Tax office appeals win for Shell over $99M in capital gains tax
The Australian Tax Office is challenging a decision for Shell over a $99 million capital gains assessment in the energy giant's sale of its Woodside stake.
QBE admits misleading customers in ASIC case over policy discounts
Insurer QBE has admitted liability in ASIC’s case alleging it made empty promises to over half a million customers on policy discounts, but a dispute over the size of the penalty remains.
Fight brewing over $8.6M security bid in CMC Markets class action
CMC Markets wants a class action to fork over $8.6 million more in security after substantially amending its case, which alleges the financial services firm issued complex, risky derivatives that were not appropriate for retail investors.
Construction PRO
Halo Tower debt to former owners ‘trifling’ compared to $660M debt to Merricks: judge
A judge has questioned why unsecured creditors will not give a promise to pay damages as they seek to stop a DOCA for the Milligan-owned developer of the $1.8 billion Halo Tower from going ahead, which could allegedly cause $100 million in losses. 
Construction PRO
SOP Act not at odds with consumer law, appeals court finds
An appeals court has knocked back a constitutional challenge by the developers of a $38 million residential development seeking to set aside an adjudication determination on the basis that the Victorian SOP Act conflicts with the Australian Consumer Law. 
Judge says Kmart class action so light on details he ‘couldn’t understand it’
An underpayments class action against Kmart on behalf of salaried managers will go back to the drawing board after a judge said the statement of claim was “bereft of detail”.
Construction PRO
Blocking Halo Tower DOCA will cost $100M, imperil Cbus sale, court told
Preventing a DOCA for the Milligan-owned developer of the troubled $1.8 billion Halo Tower skyscraper in Sydney could cause $100 million in losses and jeopardise a sale to Cbus set to settle in July, a court has heard.
Construction PRO
Perth Day Hospital brings nuisance claims against neighbouring gym
A new $16 million day hospital built below a Fitness Cartel in Perth's Osborne Park has succeeded in maintaining an injunction against the gym, granted after the hospital reported that constant noise and vibrations were disrupting medical procedures.
Director of CHESS replacement firm assured ASX about timeline, court told
A judge overseeing ASIC’s case against the ASX over its CHESS replacement plan will allow remote evidence by the US-based director of a New York tech company, who allegedly gave the exchange an assurance about the project's timeline.