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Shareholder class action against EY, Quintis founder dismissed by court
Although finding the former director of Quintis and its auditor, EY, engaged in misleading and deceptive conduct, a judge has dimissed a class action by the sandalwood producer's shareholders.
Cannon-Brookes says axed exec sent confidential HR info to estranged wife
Atlassian CEO Mike Cannon-Brookes has dragged the former secretary of his private companies to court, alleging he sent sensitive and highly confidential employee files to the billionaire's estranged wife.
Trial vacated in add-on insurance class action against Suncorp’s AAI
A court has vacated a trial set to begin Monday in the class action against Suncorp unit AAI over add-on insurance, suggesting a settlement is in the works.
Former Star Entertainment execs cop penalties after settling with ASIC
A judge has imposed penalties against Star's former managing director and former CFO as part of settlements reached with the corporate regulator, as trial against nine other executives continues.
WiseTech chair, three other board members resign amid CEO controversy
WiseTech chair Richad Dammery and three other directors have stood aside following "intractable differences" with remaining board members over the role of founder Richard White.
Construction PRO
Allens-repped Pacific Green sells Limestone Coast BESS to Palisade for $460M
UK battery developer Pacific Green has sold its Limestone Coast North energy park in South Australia to Palisade Investment Partner's Intera Renewables for $460 million.
Fortrend unlawfully withheld bonuses owed Shaw & Partners defectors: court
Fortrend Securities breached the Fair Work Act in withholding the bonuses of two financial advisors who jumped to rival Shaw & Partners, a court has ruled.
Will ACCC pick up pace of competition enforcement after sluggish two years?
It has been a quiet time for the competition regulator under the stewardship of Gina Cass-Gottlieb, but on Thursday the enforcer urged companies and consumers to watch this space.
Construction PRO
High Court asked to weigh if principal builder owes duty to subcontractor’s employee
An injured construction worker is challenging the dismissal of his case against the principal contractor on a Brisbane building site, saying it owed a duty of care to him as a sub-contractor's employee.
Judge won’t bar case pursuing Banksia class action mastermind’s lawyers
A bid by Banksia Securities' special purpose receiver to thwart planned proceedings by a group of debenture holders against lawyers for the class action funder has failed.