Gavin MacLaren finally opened up after two years of dodging the press, revealing Corrs' revenue jumped from $247m in 2018 to $629m last year. His pay is tied to those numbers too, meaning a possible $100m payday over ten years. His goal? Beat out G+T, Clayton Utz, MinterEllison and Mallesons to be Australia's top independent firm: AFR

⚖️ Arbitration: EEPL Holdings tried to stop its former lawyers, Clifford Chance, from pursuing arbitration over unpaid fees, arguing its retainer's WA exclusive jurisdiction clause ruled out arbitration altogether. The retainer spanned several documents, one with a detailed, structured arbitration clause, another with a broader WA exclusive jurisdiction clause. Lundberg J held the two weren't truly inconsistent. The jurisdiction clause was meant to 'supplement', not displace, the Terms of Business, and its language was comparatively generic next to the arbitration clause's deliberate drafting. So arbitration took primacy, with the WA courts left a narrower supervisory role: WA Supreme Court

⚖️ Regulatory: ASIC has hit trustees of three super funds with six infringement notices totalling $118.8k for misleading website disclosures about how members' money was actually invested. AMIST claimed its Alternatives Option was ‘entirely' in private equity when 41% sat in international shares. Australian Retirement Trust said its Unlisted Assets option was ‘100%' unlisted when about 5% was in listed property and equity. Telstra Super (now Tetra Servicing) got its Property Option's investment mix and time horizon wrong too. ART and Telstra Super have paid their $39.6k notices. AMIST has agreed to pay by September 2027: ASIC

⚖️ Construction: The NSW Supreme Court has confirmed that a payment claim under the Security of Payment Act doesn't need to spell out a contractual entitlement to succeed. After Watpac cashed in performance security following an earlier adjudication, the parties struck a Deed of Settlement governing its return. When Watpac later sought payment for that security, Romeciti argued the claim really stemmed from the deed, not the construction contract, so fell outside the adjudicator's jurisdiction. The Court disagreed — s 13(1) only requires a claimant to assert entitlement to a progress payment, not prove one, and Watpac's claim was sufficiently tied to the security release mechanism in the construction contract itself: NSW Supreme Court, Addisons

Ex-Anthropic researcher Jacob Coxon just resigned, telling X that Anthropic and OpenAI are "racing straight to self-improving superintelligence and gambling with our lives". He says insiders genuinely believe it could kill everyone by decade's end. A current Anthropic employee agreed, putting the odds at over 10% within ten years. Cool, cool, cool: Bloomberg

One Nation wants renters and mortgage holders to skim a quarter of their compulsory super contributions straight into take-home pay, up to three years. Someone on $90.5k would pocket an extra $44 a week now. Jim Chalmers calls it a "full-frontal attack on super": TDA

🚢 Austal shares jumped 6.3% after Wildcat Infrastructure lobbed a non-binding offer worth up to US$1.35bn for its US shipbuilding arm, trumping South Korea's Hanwha, which had tabled US$1.2bn last month. The board is reviewing the offer: Capital Brief

⚖️ Allens (Chris Blane, Jeremy Low) and Mallesons (Henrik Moritz) are on either side of Macquarie Asset Management's $4bn swoop on 50% of SERV, Victoria's land titles registry. MAM bought the stake off Aware Super, eight years after it lost the original privatisation bid: Point Blank

🩻 Pacific Equity Partners has landed exclusivity on Perth Radiological Clinic, WA's biggest imaging player, just two months after scoring the same status over QScan. Neither deal's signed yet, but PEP's running both processes with Allier Capital: AFR