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ASIC takes further action over $1B failure of First Guardian, Shield
In its latest move over the $1 billion collapse of investment funds linked to Keystone and Falcon Capital, the corporate regulator has banned another MWL Financial adviser who touted Keystone's Shield Master Fund.
United Petroleum reaches mid-trial settlement in IP spat with On The Run
Service station chain United Petroleum has resolved its case alleging competitor On The Run made unjustified claims of infringement over trade marks for 'Quickstop' and 'Cigmart'.
City Beach appeals $14M penalty in ACCC’s first button battery case
Fashion retailer City Beach is challenging a $14 million penalty secured by the ACCC in the consumer regulator's first enforcement action for breaches of button battery safety standards.
Construction PRO
LU Simon wins OK to pay Argyle Square developer cash for security’s return
Amid a dispute over a $52 million mixed-use project in Melbourne, builder LU Simon has secured a court's approval to pay the developer cash equivalent to two bank guarantees in exchange for return of the security.
Construction PRO
Builder’s pursuit of second SOPA adjudication an abuse of process: appeals court
An adjudicator’s finding that it had no jurisdiction to rule on a payment claim in a dispute over a Sydney development was a binding determination under SOPA, an appeals court has said in upholding a decision that a builder’s pursuit of a second, favourable adjudication was an abuse of process.
HWLE, Commonwealth say AG entitled to control Brittany Higgins defence
Former senator Linda Reynolds' decision to accept the Commonwealth's help in picking up her legal tab in litigation by staffer Brittany Higgins came with the condition that the government might take control of her defence, a court has been told.
Group action by Brighton students targets ex-principal, state over antisemitism
A group of former Brighton Secondary College students have launched a representative proceeding against the State of Victoria and the school's former principal for his failure to address a "high level" of antisemitic bullying.
Construction PRO
Star largely loses case against Buildcorp over casino refurbishment
Star Entertainment has come up short in its $4 million case against Buildcorp Group over alleged defective construction and refurbishment work on the gambling giant's Sydney casino.
Construction PRO
Mondium dragged to court over $48M Rio Tinto contract
A joint venture of Monadelphous and Lycopodium faces action by the administrators of construction company WBHO over a $48.4 million contract for the extension of Rio Tinto's iron ore processing plant in Western Australia's Pilbara region.
Construction PRO
Mitsubishi Estate Asia to sell 49.9% stake in Stockland partnership
Real estate investor Mitsubishi Estate Asia is divesting its 49.9 per cent interest in the Stockland Residential Rental Partnership amid what its broker says is "surging" interest in the land lease communities sector in Australia.