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‘Unsatisfactory’: Judge not impressed by Mastercard’s witnesses at trial
The trial judge in enforcement action against Mastercard had harsh words Thursday about the company's witnesses, including a top executive whose testimony he said was "most unsatisfactory and unimpressive".
Construction PRO
Dexus stands down execs, drops JPMorgan after APAC sale debacle
Dexus has stood down executives, sacked its advisers and launched a review of its $7 billion infrastructure division, following last week's judgment upholding the validity of a default notice by Melbourne Airport's operator.
Construction PRO
Arnold Bloch Leibler promotes two real estate lawyers to partnership
Promotion season continues, with Arnold Bloch Leibler welcoming two real estate solicitors to the partnership, along with two M&A lawyers.
Mastercard tells trial judge it took legal advice over merchant deals
Mastercard argued Wednesday it relied on legal advice in drafting alleged anti-competitive deals with major retailers, as the judge questioned the reliability of some witnesses for the payments giant, who recalled "virtually nothing".
Judge sets damages for Brambles shareholder, estimates $20M costs
After handing down the first post-trial win for a shareholder class action on damages, a judge has assessed the figure owing the lead applicants, and made orders for a lump sum assessment of costs, which he estimated at $20 million.
Construction PRO
AI data centre operator Iren to build SA campus
New York-based Iren has announced plans for an 800 megawatt data centre in Bundey, South Australia, the company's first Australian venture and one of the largest data centre facilities in the Asia Pacific region.
Construction PRO
Corrs Chambers nabs environmental lawyer from HSF Kramer
Corrs Chambers Westgarth has lured an environmental lawyer away from HSF Kramer, the latest firm to bolster its expertise in projects-related areas.
Qatar Airways settles with passengers in strip search case
Passengers in a lawsuit against Qatar Airways over a 2020 strip search at Doha International Airport have reached a settlement with the airline and airport operator MATAR.
Expect more settlements after major shareholder class action wins
With two historic court wins for shareholders, 2026 is shaping up to be a momentous year for securities class actions, with lawyers expecting a resurgence of cases and a renewed eagerness for the negotiating table.
IAG reaches settlement in $4B litigation over Greensill collapse
Insurance Australia Limited has settled $4 billion action brought by Germany's Greensill Bank and its administrator ahead of a six-month trial against the insurer and others over the failure of the trade financier.