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Credit Suisse is fighting a bid for access to Deloitte reports commissioned by a Swiss law firm and advice from Linklaters, in litigation against insurers over the collapse of supply chain finance company Greensill Capital.
Construction PRO
A former director of defunct developer Maxcon Developments and his family members have lost a bid to set aside examination orders, with a judge rejecting their argument that the ATO was using the examinations as a “dry run” for other claims.
Construction PRO
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.
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.
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.
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 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
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.
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.
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.