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Construction PRO
PE firm on hook for $12.5M in dispute over copper mine share sale
Contracts 2025-03-21 11:32 pm By Sam Matthews

Private equity firm EMR Capital has been ordered to pay $12.5 million under a controversial share sales agreement for a Queensland copper mine.

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Richard White misled WiseTech board, report finds, but no action taken
Employment 2025-03-19 2:02 pm By Sam Matthews

A law firm review has found WiseTech co-founder and executive chair Richard White misled the board about several personal relationships, but the tech company has flagged no action against him.

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GreenCollar founders face trial accused of diverting profits
Intellectual Property 2025-03-19 11:27 pm By Sam Matthews

The founders of carbon credit provider GreenCollar are set to face trial in a case by a company seeking to claw back profits from a business opportunity it says was diverted to other entities in breach of fiduciary duties.

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Race car driver Max Twigg misled court, must compensate family, judge finds
Corporate 2025-03-18 11:35 pm By Sam Matthews

A judge has found Max Twigg must compensate his mother and several family companies after selling bonds traceable to misappropriated funds, saying he and his company “misled the court” by not disclosing the sale.

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Linktree hits back at pregnancy discrimination suit
Discrimination 2025-03-18 2:43 pm By Sam Matthews

‘Link in bio’ social media company Linktree has denied it discriminated against a former exec for her pregnancies, saying she was fired for unauthorised access to “a significant number of highly confidential and sensitive documents”.

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Construction PRO
iProsperity liquidators sue developer of Ryde apartment project
Restructuring & Insolvency 2025-03-18 11:43 pm By Sam Matthews

The liquidators of collapsed fund manager iProsperity have filed court proceedings against the developer of an apartment project in Ryde.

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Mitsubishi wins bid to shield fuel consumption probe from class action
Class Actions 2025-03-17 11:40 am By Sam Matthews

A judge has accepted Mitsubishi’s argument that an investigation into the fuel consumption of its Triton cars is protected by litigation privilege and should not be handed over to a class action.

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ASIC asks Full Court to stamp out authorised rep ‘mischief’ in Qoin case
Cryptocurrency 2025-03-14 11:03 pm By Sam Matthews

The corporate regulator has asked the Full Court to stamp out avenues for corporate mischief, as it challenges a finding about the authorised representative exemption to the licence requirement of financial services providers.

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High Court asked to take up class action against BHP for second time
Class Actions 2025-03-13 11:08 pm By Sam Matthews

A drawn out class action against BHP has asked the High Court to clarify the correct approach to construing a group member definition, after a bid to retroactively amend the class was nixed on appeal.

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Could second time be the charm for ASIC’s cyber enforcement?
Privacy & Cybersecurity 2025-03-13 12:29 pm By Sam Matthews

ASIC is having another go at cyber enforcement after its first case accusing a company of breaching the Corporations Act by failing to have adequate cybersecurity systems largely flopped.

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