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Construction PRO
An appeals court has relaxed freezing orders against Sydney property developer Golden Rain, allowing it to sell property to repay its debts while it defends a $26 million defects claim by the owners corporation of the Sugarcube Apartments and Honeycomb Terraces developments.
The executor of a $100 million estate is amending its case against PricewaterhouseCoopers that alleges the firm gave negligent advice and acted with a conflict of interest while advising on tax liabilities.
A judge has approved a $120 million settlement in a class action against AMP that followed the banking royal commission, saying while it was a “very disappointing outcome” for group members it was still fair and reasonable.
Construction PRO
Dexus has dragged five of its insurers to court seeking indemnity for more than $16.5 million in remediation costs stemming from alleged defects in the waterproofing system that was installed as part of the $150 million redevelopment of Sydney's MLC Centre.
Class action settlements are off to a sluggish start in 2026, with only two mega-settlements of $100 million or more reached and the country's leading plaintiff law firm yet to get on the board.
Construction PRO
Airport operator APAC says a default notice sent to Dexus over confidentiality breaches is at least valid against shareholders that initiated a botched sales process, hedging its bets in an appeal of a ruling that forces a sale of the asset manager's entire stake.
Construction PRO
An appeals court has granted a builder's appeal in a dispute over payments for work on the Seasons of Perth hotel, finding the strict one-day deadline for serving an adjudication review application under Western Australia's Security of Payment Act is a jurisdictional requirement.
Construction PRO
Real estate giant Cushman & Wakefield has settled a suit by a former managing director who alleged he was unfairly terminated to prevent him from keeping a $1.5 million sign-on bonus.
Construction PRO
The owner of a proposed shopping centre development in Melton is appealing a Victorian Supreme Court order that it return $1.5 million to a defunct developer that allegedly breached a $30 million land sale contract.
Blogger and fashion brand founder Constance Hall has failed in defence of her 'Queen the Label' trade mark in a fight with UK rock band Queen.