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Construction PRO
APAC board’s Dexus contingent suspended, forced sale to proceed
The forced divestiture of Dexus' stake in airport operator APAC will proceed, after a court on Friday discharged injunctions temporarily blocking the sale amid a dispute over the disclosure of confidential information.
RSA Express misled customers about online training courses, court finds
A judge has found that online training provider RSA Express, which reaped $8 million from consumers who paid for courses they did not complete, made misleading representations that customers would only pay for courses after they passed. 
Keystone director must hand over books, bank statements
Former Keystone Asset Management director Paul Chiodo has been ordered to produce books in his possession as well as bank account statements of family members, as he defends himself in a case over alleged misappropriated money.
Construction PRO
Dexus stands down execs, drops JPMorgan after APAC sale debacle
Dexus has stood down executives, sacked its advisers and launched a review of its $7 billion infrastructure division, following last week's judgment upholding the validity of a default notice by Melbourne Airport's operator.
Construction PRO
Court won’t join charity to suit over Redbank Power Station
A New South Wales-based Aboriginal charity can't make submissions in support of a former coal mine's pivot to biomass fuel, with a court rejecting the argument that its concerns would not otherwise be raised. 
Cosette says Mayne backfilled sales estimates to meet $69.8M forecast
Kicking off its appeal of a finding that it couldn't walk away from a $672 million merger agreement with Mayne Pharma, US drug company Cosette has told a court that Mayne was not upfront about its financial position prior to the deal.
Construction PRO
Woolworths seeks $70M over acquisition of warehouse site for Suburban Rail Loop
Woolworths has take Victoria's Suburban Rail Loop Authority to court, alleging it's owed $70 million for the authority's compulsory acquisition of a logistics site in the Melbourne suburb of Notting Hill.
EVP wants to proceed with case against bankrupt Strongroom AI founder
Venture capital firm EVP has sought the court’s leave to proceed with claims against Strongroom AI founder and former director Christopher Durre, despite his financial state. 
Construction PRO
Dexus loses battle with APAC over validity of default notice
Dexus has lost its case over the validity of a default notice issued by Melbourne Aiport's operator, with a judge saying the real estate asset manager breached the company's confidentiality and "irrevocably undermined" its relationship with fellow shareholders.
Construction PRO
‘What a mess’: Texts reveal Dexus panic over APAC breach
Heads may roll after a court on Friday rejected the evidence of key Dexus employees at trial over a breach of APAC's shareholder deed, in a ruling that revealed some insiders suspected the "embarassing blunder" would come back to bite.