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Construction PRO
Maddocks reps Simonds Group in $10M purchase of Dennis Family Homes
Law firm Maddocks has advised Simonds Group on its $10 million pick-up of Dennis Family Homes, an acquisition expected to generate $200 million in additional revenue for the homebuilder next year.
Construction PRO
Lendlease sells Capella Capital to Sojitz for $235M
Lendlease has finalised the $235 million sale of infrastructure investor Capella Capital to Japanese trading company Sojitz Corporation.
Macquarie says it could rely on Nuix’s ‘promises’ about $1.8B IPO prospectus
Macquarie Capital has hit back at a class action over an alleged misleading prospectus for Nuix’s $1.8 billion IPO, saying it was entitled as underwriter to rely on the software company's promises.
Jones Day grows corporate practice with partners from Hogan Lovells
Global law firm Jones Day has recruited two corporate partners from rival Hogan Lovells to join its transactions team in Sydney.
Baker McKenzie, others win $3.5M security in Armour takeover case
A shareholder and creditor of failed energy company Armour Group will have to front $3.5 million in security in its case against law firm Baker McKenzie and others ahead of an upcoming trial.
Construction PRO
Allens advises on green bank’s $1.9B investment in Transgrid projects
Allens has advised Clean Energy Finance Corporation on a $1.9 billion investment in two Transgrid projects, one of which will connect Snowy Hydro 2.0 with Sydney and regional NSW.
Construction PRO
GPT Group to increase stake in Highpoint Shopping Centre for $205M
Property fund manager GPT Group has announced it will increase its stake in Melbourne’s Highpoint Shopping Centre to 25 per cent in a $204.6 million transaction.
Sacked ANZ trader largely loses bid to amend case after 11 iterations
A former ANZ trader who was allegedly axed after complaining about manipulation of the bank bill swap rate has largely lost his application to amend his case.
Judge takes red pen to Destec trade secrets case against MinRes employee
A judge has struck out engineering firm Destec’s claim that an ex-director used confidential information in developing an ore transport system for MinRes, but has given it a chance to replead.
G8 Education on hook for ex-chair’s criminal defence costs
A court has ordered ASX-listed childcare company G8 Education to advance the legal costs of its embattled former chair, Jennifer Hutson, who faces a criminal trial next month.