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Construction PRO
Developer Villawood can share documents produced in litigation against its former director with federal police, after persuading a judge the public interest in investigating possible crimes outweighed the interest in confidentiality.
Jones Day is making moves on its rivals, luring leading lawyers across disputes, real estate, energy, corporate and IP from a who's who of top firms.
Lawyers have welcomed a judge's orders that AI be used in class actions to improve efficiency, but warned it could remove opportunities for junior solicitors to hone necessary skills.
Construction PRO
Warburg Pincus has upped its offer to acquire Ingenia Communities, but the proposal still requires the company to abandon its acquisition of land developer Peet.
Construction PRO
Property developer Villawood has asked a judge to allow it to share documents from a fraud case against its former director with the Australian Federal Police, over alleged actions the judge called “deeply troubling”.
The corporate cop is calling for a $10.5 million penalty against Sunshine Loans in its unauthorised fees case, saying the payday lender's approach to the enforcement action was an example of "scorched earth" litigation.
Construction PRO
A company incorporated to manage a development in regional Victoria has lost its bid to withdraw admissions in a case by property developer Villawood alleging a former director engaged in a fraudulent scheme to divert management fees.
Construction PRO
Vietnamese airline VietJet has lost its appeal against the registration of a $254 million judgment in a dispute over payments for the leasing of Airbus A321 passenger jets.
MinterEllison and Clayton Utz have confirmed cuts to the number of business operations jobs at the firms but deny the increasing adoption of AI tools was a factor.
Construction PRO
Ingenia Communities has rejected a revised $2 billion unsolicited takeover offer from private equity firm Warburg Pincus, which would require it to abandon its acquisition of land developer Peet.