Group members will receive no less than 50 per cent of a $42.25 million settlement reached in a shareholder class action against engineering firm CIMIC.
Westpoint Shopping Centre in Western Sydney has been sold for $900 million, in Australia’s largest individual retail asset transaction.
Allens has bolstered its real estate team with the recruitment of a long-time Clayton Utz partner to join its Sydney office.
Allens has advised Clean Energy Finance Corporation on a $1.9 billion investment in two Transgrid projects, one of which will connect Snowy Hydro 2.0 with Sydney and regional NSW.
Gold mining company Evolution Mining is facing a shareholder class action for its alleged failure to disclose issues with the performance of its Canadian gold mine.
A court has ordered ASX-listed childcare company G8 Education to advance the legal costs of its embattled former chair, Jennifer Hutson, who faces a criminal trial next month.
US property firm Greystar is acquiring a portfolio of student accommodations worth $1.6 billion, one of the largest deals of its kind in the Australian market.Ā
Allens has brokered a deal between Australian renewable company ZEN Energy and Taiwanese company HDRE to create a battery system that will increase national solar storage by 33 per cent.Ā
Class action settlements leaped in value last year, with three settlements topping the $200 million mark.
Two Super Retail Group executives’ claims that they were unfairly sacked for making whistleblower complaints will go to trial after they lost their bid to enforce an alleged settlement.