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London City Equities has reached a settlement with listed firm Excelsior in a case alleging shareholder oppression over a decision to sell off a subsidiary for $101 million and not distribute the proceeds.
Slater & Gordon has asked a court to summarily dismiss a negligence suit launched by a former HR executive who claims she was wrongfully accused of sending a firm-wide email containing sensitive salary data.
Optus has been hit with a penalty of more than $826,000 after scammers exploited a vulnerability in its third-party verification system and stole $39,000 from customers' bank accounts.
The use of generative AI in litigation is on the rise in Australia, according to a new report, and one expert says he hopes that increasing awareness of the risks of using generative AI means lawyers will be smart about its use in the future.
Keybridge Capital has filed a lawsuit against E&P Investments seeking $1.7 million in compensation over the allegedly unfair conversion of almost 40,000 URFPA units held in E&P’s New York real estate investment fund as part of a share buyback program.
The Foreign Investment Review Board has extended the deadline for ruling on Cosette's proposed $672 million takeover of Mayne Pharma.
The Herald Sun has apologised to Victorian deputy Liberal leader Sam Groth and his wife, Brittany, over articles at the centre of a privacy and defamation lawsuit brought by the pair.
Construction PRO
A judge has approved a controversial shopping centre despite non-compliance with local planning laws, finding such schemes “are to be considered in a context where the needs of a community are not static and immutable” and that the centre would serve the fast growing community.
Construction PRO
A developer has lost a $18 million dispute with the Victorian revenue office over duties for purchasing the Alphington Paper Mill, which it plans to develop into a new mini-suburb with 2,500 homes.
Construction PRO
John Holland has persuaded a court to limit an expert determination in a dispute with contractor Downer EDI over the construction of a rollingstock manufacturing facility in Torbanlea, Queensland.