Group members will receive no less than 50 per cent of a $42.25 million settlement reached in a shareholder class action against engineering firm CIMIC.
Corrs Chambers Westgrath helped get Stockland’s complex $1.06 billion acquisition of a dozen masterplanned community from Lendlease over the line late last year.
Space company Equatorial Launch Australia, which is facing an unfair dismissal from its former CEO, has told a court that solvency issues mean the former executive cannot call on $5 million in convertible notes.
The Federal Court has slapped non-bank lender Firstmac with an $8 million penalty, the second doled out in ASIC proceedings for violations of the new design and distribution obligations.
Rejecting an urgent travel ban bid by the corporate cop, a court has cleared Melbourne businessman Rashid Alshakshir to fly to Indonesia, saying the evidence did not show he was a flight risk.
A bid by Victorian Liberal MP David Davis for documents on the state’s hotel quarantine program has largely failed, with a tribunal finding their release could prejudice an ongoing class action.
Troubled casino giant Start Entertainment has sold off its Sydney events venue to Foundation Theatres for what has been dubbed a fire sale price of $60 million.
Residents of a property near the historic Healesville Railway Line have failed in their bid to halt works proceeding on weekends and out of hours, with a judge calling their complaints “oversensitive”.
Australia’s peak legal body has come out in support of the Albanese government’s gender equality targets bill, but called for guidance on what is a “reasonable excuse” for non-compliance.
The owners of a Hamilton Island resort are facing a potentially lengthy legal battle after suing their builder and its insurer over $20 million in allegedly defective rectification works completed after Cyclone Debbie. The villas owned by Great Barrier Reef Yacht Club Villas were damaged in the March 2017 cyclone, after which Insurance Australia Limited…