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A judge has ordered the lead applicant in a failed class action against Queensland utilities Stanwell and CS Energy, which was slated to be worth $1 billion, to pay $32.4 million in costs.
Construction PRO
King & Wood Mallesons has lost a seasoned M&A partner with expertise in real estate and infrastructure deals to Gilbert + Tobin.
Construction PRO
The developer of a luxury apartment complex in Sydney's CBD has fended off a stay application in a spat with the owners corporation, with a judge finding that it was not precluded from resolving their dispute through the courts.
A judge has removed a liquidator from the winding up of a Victorian cabinetry business, finding he failed to act honestly by settling unfair preference claims with tax agencies without disclosing key information.
A bid by the Victorian Liberal Party to summarily toss a challenge to a $1.5 million advance made to former leader John Pesutto for defence costs in a defamation suit has failed, with a court finding there is a case to be tried about the validity of the loan.
Construction PRO
More than four years after the roof of the Kew Recreation Centre in Melbourne’s east collapsed, builder ADCO has filed a suit seeking millions in damages from the local council, alleging it provided a defective design which made collapse “inevitable”.
Class action settlements hit major milestones last year, with the year’s largest settlements totalling $1.6 billion and one case resolving for a historic $548.5 million.
Former political staffer Bruce Lehrmann has taken his fight against a civil finding that he raped colleague Brittany Higgins to the High Court.
Construction PRO
Builder Leda Constructions has lost its bid for injunctions that would prevent the principal in a $4 million building contract from calling on two bank guarantees worth $101,553 each.
Pointing to a pattern of non-compliance with his orders, a judge hearing a shareholder class action over the collapse of mining company Cudeco has expressed concerns about “significant" delays in the case.