A second MWL Financial adviser has been banned this week by the corporate regulator as part of its probe into the costly collapse of Keystone’s failed Shield Master Fund.
Spanish infrastructure firm Acciona is mulling cross-claims against contractor Veolia Australia after losing its fight to move their dispute over the Kwinana waste-to-energy project west, a court has heard.
Apartment owners in Sydney’s Alcove St Ives development have won extra time for evidence ahead of an expert huddle in a $123 million defects suit against a unit of builder Meriton.
Mastercard can pursue an appeal of a ruling for the competition regulator requiring the credit card giant to hand over communications about its agreements with retailers, which are at the centre of a misuse of market power case.
Builder LU Simon has failed in an injunction bid as part of its case against the developer of a $52 million project in the inner city Melbourne suburb of Carlton.
Lendlease has reportedly sold the $900 million Erina Fair shopping centre on NSW’s Central Coast, one of the assets that formed part of an unlisted fund the real estate giant has fought to maintain control over.
An upscale health and wellness facility in Melbourne’s eastern suburbs has been sold to a private investor for $24.65 million.
The corporate regulator has banned a MWL Financial adviser for eight years for recommending clients park the bulk of their superannuation into Keystone’s high-risk Shield Master Fund, which has since collapsed.
A $175 million deal struck to resolve 30 class actions on behalf of junior doctors in Victoria has earned the approval of a judge, who took the unusual course of dispensing with a court hearing on the settlement.
An ex gratia payment under Queensland’s tax laws is just what it means — one made by the state revenue office as a favour and not a legal obligation, a court has found in a loss for UK developer Avon.