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Construction PRO
AkzoNobel waived privilege over document audit log in suit over Ichthys LNG: court
Paint maker AkzoNobel must produce a document history log that includes embedded comments from its lawyers at Clayton Utz, in a dispute over alleged defective coating used on the $45 billion Ichthys natural gas project.
Construction PRO
Denman Prospect shopping centre owner locked in fight with tenants over biz sale
A unit of Capital Property Group, which owns the Denman Prospect shopping centre in Canberra, has won its bid for subpoenas from lease holders that are fighting its opposition to their plans to sell their businesses.
Star accepts $300M takeover offer from Balley’s
Star has agreed to a $300 million deal that will see the embattled company taken over by US-based casino operator Balley's.
Judge calls out ‘ambiguities and circularities’ in Mercedes-Benz class action
Mercedes-Benz has taken aim at an amended group definition in a class action over alleged defeat devices designed to cheat emissions testing, with a judge agreeing that it contains "ambiguities and circularities".
Queensland energy class action can’t avoid defence costs pending appeal
A failed class action against Queensland utilities Stanwell and CS Energy can't delay payment of what might be in excess of $30 million in defence costs while it pursues an appeal, but has dodged a penalty for running a case the companies said was hopeless.
Construction PRO
Lander & Rogers fights client’s suit over $2.9M bill
Lander & Rogers is contesting an ex-client's challenge to a $2.9 million legal bill for work on a construction dispute, seeking a separate hearing to determine the cost court's jurisdiction over the case.
AIG reaches settlement in Linchpin investor class action
A class action brought by investors of failed advisory firm Linchpin has reached a settlement with insurer AIG — the last remaining defendant in the case.
Construction PRO
Woodside sells 40% stake in US LNG project for $5.7B
US investment firm Stonepeak will acquire a 40 per cent interest in Woodside's Louisiana liquefied natural gas project, in a deal worth $5.7 billion.
CIMIC class action wins court nod for $45.25M settlement
A judge has approved a $45.25 million settlement in a shareholder class action against engineering firm CIMIC over disclosures relating to its Middle East business.
Construction PRO
Hastie liquidators get court OK to fund cases against Hall & Wilcox
Hastie's special purpose liquidators have won court approval to enter into a further funding agreement as it pursues cases against Hall & Wilcox, which previously represented the collapsed engineering firm.