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Construction PRO
IG Power sues CS Energy for $1B over Callide power station
IG Power has sued Queensland government-owned corporation CS Energy for $1 billion alleging it is liable for “catastrophic” incidents at the Callide coal-fired power station.
Sunday pay rates class actions flag constitutional challenge over bill
Four class actions against retail and fast food giants in South Australia have foreshadowed a constitutional challenge against proposed legislation that would retrospectively strip workers of the right to earn Sunday pay rates.
New unfair trading practices ban will add to class action arsenal
A new ban on unfair trading practices could significantly broaden the scope of consumer class actions, with experts predicting plaintiff firms will use the reforms to pursue claims over conduct that has until now fallen outside the reach of misleading or deceptive conduct laws.
ASIC seeks penalties against adviser linked to First Guardian
The corporate regulator is seeking penalty and disqualification orders against a financial adviser whose businesses allegedly earned $37 million for spruiking the collapsed First Guardian fund, a court has heard.
Cor Cordis loses fight over ex-managing partner’s fraud claims
Cor Cordis has lost its bid to strike out claims by the former chair of the insolvency firm that it "confected" reductions in work in progress to avoid paying his full retirement entitlements.
Construction PRO
Retirement villages law ‘unfit’ to protect residents, owners, judge says
The Retirement Villages Act was unfit for the purpose of protecting both former residents at a Paterson Lakes retirement village and new apartment owners, who appeared to be victims of an "exploitative" scheme by former managers and operators, a court has found.
Realtek, Nuheara shareholder group in court battle over docs
Shareholders in collapsed audio device maker Nuheara are seeking preliminary discovery from Taiwanese semiconductor giant Realtek, in an escalation of a battle between the investors in the defunct company.
Judge finds solicitor leaked settlement details to Sky News
A judge has found that a prominent defamation solicitor in Sydney was the only "plausible" person who told a journalist at Sky News details of a confidential settlement in a dispute by a pro-Israel activist against the owner of Sydney restaurant Cairo Takeaway.
Nuix loses appeal against insurers over $20M in legal bills
Nuix has lost its appeal of a ruling that found it must pay $20 million in legal costs before its insurers must cover its bills for defending multiple class actions and an ASIC case over its $1.8 billion float.
Construction PRO
Sibayne Stillwater unit accuses builder of inducing Mt Lyell contract breach
Sibayne Stillwater's Copper Mines of Tasmania has accused construction company Ian Harrington Group of inducing a subsidiary to breach a contract for rehabilitating a closed mine near Queenstown.