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TerraCom hit with $7.5M penalty in ASIC whistleblower case
A judge has hit coal producer TerraCom with a $7.5 million penalty in ASIC proceedings alleging it made misleading statements to the market that damaged a whistleblower's reputation. 
Construction PRO
Special Gold’s prospects in case against Dyldam payment intermediaries ‘manifestly weak’: judge
A judge has hit Dyldam Developments' former boss Sam Fayad and his two sons with costs after ordering them to pay $50 million in a case by the liquidator of a special purpose vehicle, but awarded costs to payment intermediaries for the liquidator's "manifestly weak" case against them. 
ASIC takes Equity Trustees to court over Keystone’s defunct Shield fund
The corporate regulator has brought its first action targeting a superannuation trustee as part of a wide-ranging investigation to claw back $480 million pumped into Keystone's failed Shield Master Fund.
Fonterra, Bega settle row over licences in wake of $3.8B sale to Lactalis
Fonterra said Tuesday it had settled a dispute with Bega Cheese over the status of lucrative licence agreements as part of a $3.8 billion sale of its Australian business to French dairy company Lactalis.
Wiggles CEO axed after complaints about group leader Anthony Field: suit
The Wiggles former CEO says he was axed from his role with the children's music sensation after complaining about the group's leader, Anthony Field, who allegedly doled out bonuses to friends and relatives and "undermined" him.
Construction PRO
Developer wants to exit cladding class action to bring own case against Halifax
A Sydney developer has launched a bid to opt out as a group member of a combustible cladding class action against 3A Composites and Halifax to bring its own "copy" of the case.
Construction PRO
Subcontractor wants court OK to pursue SOPA claim against Roberts Co
Plumbing company Flowmotion has brought a court application seeking the OK to pursue a payment claim against the Victorian unit of builder Roberts Co, which entered administration five months ago.
Construction PRO
Fire House purchase by Sonnel marks first pub sale in North Sydney in 40 years
Hotelier Mark Barry has sold the iconic Fire House Hotel for a reported $35 million, in the first freehold hotel transaction in North Sydney's CBD in more than 40 years.
Construction PRO
Clough appeals stay of $54M cross-claim in EnergyConnect spat with Elecnor
Engineering firm Clough Projects Australia is challenging a judge's order staying its $54 million cross-claim against former Energy Connection joint venture partner Elecnor.
US class action firms circle James Hardie, Aussie firms may be next
Building materials company James Hardie may face scrutiny by class action law firms after a profit-drop announcement saw its ASX share price plummet.