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The litigation funder behind a class action against engineering firm CIMIC took a $4.7 million hit to its commission from a settlement after a dispute with the plaintiff's law firm, according to a decision published Friday.
A failed class action against Queensland utilities Stanwell and CS Energy can't delay payment of what might be in excess of $30 million in defence costs while it pursues an appeal, but has dodged a penalty for running a case the companies said was hopeless.
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The High Court has refused special leave to Transport for NSW to weigh in on a dispute over the value of land acquired near the Western Sydney Airport.
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The Star is on the brink of collapse again after a potential $940 million refinancing deal with Salter Brothers fell through, with the embattled casino operator continuing to mull an offer by US casino operator Balley.
The Albanese government has vowed to ban price-gouging by supermarkets if reelected, despite the Australian Competition and Consumer Commission's supermarkets inquiry finding no evidence of excessive pricing.
Construction PRO
Building materials giant Boral has won a $24.5M grant to significantly reduce CO2 emissions from its cement clinker manufacturing.
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Renewable energy developer Equis has begun construction of a two battery energy storage system in Tamworth, NSW after securing $260 million in financing.
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Crown has dropped its claims against builder Lendlease over the use of combustible cladding on the façade of the Metropol in Southbank but is continuing to pursue its case against the architect and others.
Russian company UC Rusal has lost a High Court leave bid after an "extremely harsh" finding that Rio Tinto was entitled to refuse alumina deliveries because of export sanctions.
Fonterra, which has taken cheese maker Bega to court to resolve a dispute over the dairy company's plans to exit the Australian market, is resisting a bid for discovery in the case.