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Construction PRO
Brookfield scoops up 19.9% interest in Cromwell Property Group
Brookfield has scooped up a 19.9 per cent stake in real estate investment manager Cromwell Property Group.
Sanjeev Gupta companies ordered to lodge missing annual reports
Companies in the steel empire of billionaire Sanjeev Gupta have been ordered to lodge outstanding annual financial reports after the corporate regulator brought court action.
Construction PRO
United Petroleum property manager had no authority to negotiate lease: court
A court has found that United Petroleum is not bound by the terms of a signed lease offer sent to a neighbouring Gold Coast pharmacy operator, ruling the company’s property consultant had no authority to negotiate or enter into a new lease on its behalf. 
Fonterra accused by ACM of inducing milk suppliers to break agreements
Dairy distributor Australian Consolidated Milk has lodged proceedings against competitor Fonterra, alleging the cooperative encouraged suppliers to break their exclusive supply agreements by offering a better price.
DePuy class action member’s appeal may involve novel issue for Full Court
A challenge to a compensation determination by a group member in a class action against Johnson & Johnson unit DePuy may involve novel questions for the Full Court on the role of scheme administrators, a judge has said.
Australia hits three class action milestones
In this 33rd year of class actions, three significant milestones have been achieved by Australia's class action regimes, writes expert Professor Vince Morabito.
Director barred from representing pawnbroker Taylors in class action
A judge has blocked the director of Taylors Business from representing the company in a consumer class action, finding he will not be of any assistance to the court. 
Construction PRO
Abacus Storage grants due diligence to consortium behind $2.2B takeover offer
Abacus Storage Kings will open its books for a consortium of Ki Corporation and New York Stock Exchange-listed Public Storage, which lobbed a $2.2 billion takeover offer last week.
Construction PRO
Whitehaven wins fight with enviro groups over climate risk docs
Whitehaven Coal, which is locked in a fight with two conservation groups over the Winchester South coal mine in Queensland, has fought off an application for disclosure of internal climate risk documents created by a related entity.
Discrimination class action against NT police could raise ‘massive issue’: judge
A racial discrimination class action against the Northern Territory government and its police commissioner could "call into question" policing across the territory, a judge has said.