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Construction PRO
A judge has dismissed an application for a freezing order against the developer behind a NSW Central Coast office block at the centre of a class action over defects including sub-par air conditioning.
Construction PRO
Rio Tinto's struggling Tomago Aluminium Company has lost a challenge to a $52 million valuation of the land occupied by its Hunter Valley smelter, despite arguing the sum was too high in light of electricity costs and the limited pool of notional buyers.
A judge has dismissed an application for a freezing order against the developer behind a NSW Central Coast office block at the centre of a class action over alleged defects, including sub-par air conditioning.
The law firm that's running a class action against the AFL on behalf of players who allegedly suffered on-field brain injuries has filed a new representative proceeding targeting 10 more clubs.
HopgoodGanim has strengthened its leadership by hiring Clayton Utz CFO and COO Graeme Johnson, as the Queensland firm eyes continued growth and high performance.
Construction PRO
In a hearing on its challenge to $10.6 million in stamp duty tax, ISPT said Monday Victoria's State Revenue Office was not entitled to aggregate two acquisitions that increased its stake in the Fort Street Real Estate Capital Fund to 95 per cent.
Boral wants a judge to wait until the High Court delivers a judgment in cases against CBA before issuing his decision in shareholder class actions against the building materials giant. But the applicant says the court can’t wait for “perfect clarification” of the law.
Construction PRO
A class action has failed to prove 3A Composites and Halifax Vogel misled consumers about alleged flammable Alucobond cladding, with a judge finding developers and others were responsible for ensuring the product was safely used.
The Finance Sector Union has reached a resolution with National Australia Bank in a test case by four managers who were allegedly required to work "unreasonable" unpaid hours for years.
A class action has failed to prove that Alucobond panel manufacturer 3A Composites and supplier Halifax Vogel misled consumers about the allegedly flammable cladding and breached consumer guarantees.