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Tax benefit only ‘realistic’ aim of Billabong founder’s share sale, High Court says
The High Court has upheld an appeals court ruling that Billabong founder Gordon Merchant is liable for a $31 million tax bill after selling his company, finding there was no other "meaningful or realistic" objective of the sale.
Construction PRO
Geocon loses appeal over parking at Canberra development
Developer Geocon has failed to overturn a ruling blocking it from using 132 parking spaces at its Metropol mixed-use development in Canberra as a commercial parking facility.
Tama loses patent case over cotton bale wrapping products
Agricultural supply company Tama has lost a lawsuit accusing cotton-harvesting products importer Parterra and distributor Cotton Growers Services of breaching its patent for cotton bale wrapping products.
Construction PRO
GJ Gardner barred from breach of contract claims, ex-franchisee says
A former GJ Gardner franchisee claims the company cannot pursue breach of contract claims against him because the home builder had the opportunity to pursue the claims in an earlier case.
Construction PRO
Whitehaven wins fight with enviro activists over Winchester South mine
Whitehaven Coal has won a court's imprimatur for leases to mine coal at its Winchester South site, despite the court's finding that emissions from the project near Moranbah, Queensland would be "extraordinary".
Construction PRO
Court tosses $6.1M win for off-the-plan buyer of high-rise penthouses
A developer has succeeded in overturning a ruling that it owes $6.1 million in damages to an off-the-plan buyer after it sold two Brisbane penthouses to other buyers for more than double the original contract price.
Engineer who helped develop fracking tech loses $1.43M buyout bid
A chemical engineer who helped develop patented technology to prevent pollution from fracking operations has failed in his bid to be bought out by the company for $1.43 million, with a judge rejecting his claims of shareholder oppression.
Bunnings wants early trial in competition case by Mitre 10 franchisee
Bunnings is pushing for an early trial in a misuse of market power case by a Mitre 10 franchisee seeking to halt its plans to open a nearby store, noting work has already begun on the store.
Construction PRO
Mallesons fights FSM liquidators’ bid to grill former real estate lawyer
Mallesons has asked a court to set aside an examination summons filed by the liquidators of defunct developer FSM against a former senior associate of the firm.
Construction PRO
Bunnings seeks early trial date in competition case over planned store
Bunnings is pushing for an early trial in a misuse of market power case by a Mitre 10 franchisee seeking to halt its plans to open a nearby store, noting work has already begun on the store.