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Construction PRO
Brisbane Airport operator faces injunction bid over $13.4M bank guarantees
Airport baggage handling company Alstef Australia is trying to halt Brisbane Airport Corporation from calling on $13.4  million in bank guarantees, in a dispute over a contract for works to upgrade the baggage system at the airport's domestic terminal.
IG Markets can’t alter case in row with trader who earned $5.5M in 30 mins
A judge has rejected an application by online trading platform IG Markets to amend a cross-claim against a trader who earned $5.5 million in 30 minutes through a 'test market'.
High Court rules unpaid present entitlements not loans, in loss for ATO
The High Court has found that an unpaid present entitlement to a corporate beneficiary is not a loan under tax law, tossing an appeal by the ATO.
Judge in Coles discounts case mulls one hearing on damages, penalty
After it was found to have engaged in misleading conduct over its 'Down Down' discount campaign, Coles may face a single hearing on the punishment to be meted out to it in the ACCC's case and a companion class action.
Mark Latham loses appeal of Sydney MP’s defamation case over tweet
Former One Nation politician Mark Latham has failed in his appeal of a ruling that he defamed independent Sydney MP Alex Greenwich in a homophobic tweet and owes $140,000 in damages.
Construction PRO
CITIC loses appeal against Mineralogy over $12B Sino Iron project
Clive Palmer’s Mineralogy has prevailed in an appeal as part of so-called mega litigation brought by CITIC over the $12 billion Sino Iron project in WA, with the court taking aim at both sides for the "intolerable" cost to the community of their endless dispute.
Construction PRO
Sev.en flags misleading conduct case over sale of Millmerran stake
Power plant investor Sev.en has filed an urgent application for access to the financials of Millmerran Power Station as it looks to sell its stake in the energy infrastructure asset, saying it may have claims of misleading conduct.
Construction PRO
High Court takes up arbitration issue in dispute over Bass Strait royalties
The High Court has agreed to weigh in on whether the court needs to wade into the details of an arbitration agreement before staying related proceedings, granted special leave to Esso and Woodside in a suit over a project for extracting hydrocarbons in the Bass Strait.
Construction PRO
Victoria faces new foes in Pakenham Hospital land acquisition case
More parties have joined the land acquisition compensation dispute between Victoria and the joint venture owners of Pakenham Place Shopping Centre, a court heard Thursday.
Tax office appeals win for Shell over $99M in capital gains tax
The Australian Tax Office is challenging a decision for Shell over a $99 million capital gains assessment in the energy giant's sale of its Woodside stake.