Building façade company Sharvain, which went under last month, owes major builders $54 million, according to a judgment pushing out the date for a creditors meeting.
Details of a settlement with AIG in a class action by investors in failed Linchpin reveal the insurer has paid out all of a $10 million policy and will hand over another $2.15 million in interest and costs.
Real estate investment manager Salter Brothers has resolved a spat with XL Insurance over more than $6 million in costs incurred in successfully defending itself in lawsuits by three clients.
The CEO of litigation funder Woodsford told a female director to swallow her “pride and ego” and make way for a younger, male collague, a new lawsuit claims.
Tabcorp’s ex-boss, who was found to have been forced out over alleged offensive language, says his coerced resignation was inconsistent with a boardroom history of condoning off-colour remarks.
A UK-based litigation funder has been hit with a lawsuit by its Australian director and head of origination claiming dismissal in breach of the Fair Work Act.
The litigation funder behind a class action against engineering firm CIMIC took a $4.7 million hit to its commission from a settlement after a dispute with the plaintiff’s law firm, according to a decision published Friday.
Two NSW Liberal Party members have brought a class action after party officials failed to lodge their nomination forms for local government seats in the 2024 elections.
A class action brought by investors of failed advisory firm Linchpin has reached a settlement with insurer AIG — the last remaining defendant in the case.
A judge has approved a $45.25 million settlement in a shareholder class action against engineering firm CIMIC over disclosures relating to its Middle East business.