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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 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.
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
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.
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'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.
Herbert Smith Freehills and NY-based Kramer Levin have merged to form a world-first transatlantic and transpacific law firm.
Construction PRO
AVID Residential has secured approval for a 300-lot development in Chisholm, NSW, following an appeal of a deemed refusal by the Maitland City Council.
Construction PRO
The owners of a luxury property in Sydney's Northbridge owe the home's high-end builder payment of oustanding invoices, after a judge rejected as "absurd" the couple's construction of a special condition in their contract.
Medibank has been ordered to give a class action copies of reports by Deloitte into a massive data breach in October 2022, in a judgment made public on Friday and already facing appeal by the health insurer.