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Construction PRO
Morisson’s UTA takes full stake in Sydney Desalination Plant
Advised by Johnson Winter Slattery, Morrison-managed investment fund Utilities Trust of Australia has bought out a Canadian pension fund for full ownership of the Sydney Desalination Plant.
Melbourne Rebels directors grilled on ‘startling’ inability to explain tax case
A judge has called out the directors of failed Super Rugby club Melbourne Rebels for their “startling” inability to explain their case against the club’s administrators and the tax office.
Mayne says Cosette did not validly terminate merger
Setting up another potential legal fight, Mayne Pharma has said US drug maker Cosette did not validly terminate their $672 million merger agreement, which failed to receive FIRB approval.
ATO scolded for ‘tax now, ask questions later’ pursuit of Kupang director’s debt
A judge has found the ATO knowingly received millions misappropriated by a former Kupang Resources director in order to satisfy a tax debt against him, with a judge skewering the tax office for instituting a “policy of wilful blindness” in pursuit of the debt.
Commonwealth Bank pays record penalty over consumer data sharing failures
The Commonwealth Bank has paid $792,000 in penalties after the consumer watchdog found it had failed to enable data sharing for certain business customers. 
Judge rejects notice that KFC class action said would ‘blow up’ settlement talks
A judge has refused a bid by several KFC franchise owners to send a notice encouraging group members register for an underpayments class action prior to mediation, which the applicant argued would “blow up” settlement talks. 
JLL manager admitted harassment ‘morally unacceptable’, defence says
Commercial real estate group JLL has hit back at a case by a former CEO who says he was sacked over his handling of a harassment complaint against a manager, arguing the manager admitted his behaviour was “completely unacceptable”.
Construction PRO
CIP can subpoena police in $30M suit over Carver’s Reach development
CIP Group can subpoena Queensland Police, with a judge finding the timing of an ex-business partner's complaints to police may be material to a change of tack in CIP's $30 million suit over a residential development.
Construction PRO
No split trial in suit over confidential South Australia solar plant info
Solar developer Green Gold Energy has lost its bid to bifurcate an upcoming trial in its case accusing competitor Trina Solar of misusing its confidential information, with a judge citing the risks of a retrial. 
Construction PRO
Fight breaks out over $3.5M surplus from Callide administration
IG Energy and former subsidiary IG Power -- now owned by Czech investment firm Sev.en -- are fighting over a $3.5 million surplus from the administration of IG's interest in the Callide Power Station in Queensland.