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Construction PRO
Court approves Sev.en-funded recapitalisation of Callide power station
The owner of the Callide power station in Queensland, IG Power, has won court approval for a recapitalisation that will see major shareholder Sev.en inject millions to cover its debts.
Construction PRO
Self-storage REIT acquires stake in Abacus Storage
Self-storage investor National Storage REIT has acquired a stake in rival Abacus Storage Kings, which is currently mulling a $1.9 billion takeover offer from a rival.
Keybridge to stay in administration pending Nick Bolton appeals
Keybridge CEO Nick Bolton has won a stay of orders ending the company's administration as he appeals that ruling and another that found he and two other directors were validly removed and replaced at a board meeting.
iSignthis, auditor Grant Thornton hit with class action
A shareholder class action has been lodged against iSignthis and auditor Grant Thornton over the delisted fintech's 2018 financial statements.
Ben Roberts-Smith says reporter using MinterEllison lawyers as ‘shield’
Ben Roberts-Smith has accused Nine journalist Nick McKenzie of using his lawyers as a "shield" against claims he had access to confidential and privileged legal strategy in the former soldier's failed defamation case.
Construction PRO
Amcor takes long-running remediation fight with Glenvill to High Court
The High Court has been asked to weigh in on when a court should step in when the machinery governing the entitlement to payments in a contract breaks down, in a dispute between luxury home builder Glenvill and Amcor over asbestos remediation at an industrial site in the Melbourne suburb of Alphington.
Construction PRO
Roberts Co NSW to be sold to UAE developer Arada Group
Roberts Co NSW is to be acquired by United Arab Emirates builder Arada, a month after the Australian construction business put its Victorian unit in administration.
Tech error affecting 22K group members delays $50M ANZ class action settlement
Court approval of a $50 million settlement in a class action against ANZ and superannuation trustee OnePath has been delayed, after 22,000 group members were excluded from an opt-out notice due to a problem with OnePath's computing process.
Sanofi loses challenge to Amgen patents for cholesterol-busting Repatha
Drug giant Sanofi has failed in its appeal of a decision granting applications by biopharmaceutical company Amgen for patents covering the cholesterol-lowering treatment Repatha.
Suspect in online courts portal breach charged by NSW police
Cybercrime detectives have arrested a suspect in their probe of a major data breach of the NSW online court system that exposed thousands of sensitive files.