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Construction PRO
The operator of Perth Airport has filed an appeal after United Petroleum won its case alleging it was induced to enter into a $900,000 lease and construction agreement with promises of redevelopment at the site.
The trial judge in enforcement action against Mastercard had harsh words Thursday about the company's witnesses, including a top executive whose testimony he said was "most unsatisfactory and unimpressive".
Mastercard argued Wednesday it relied on legal advice in drafting alleged anti-competitive deals with major retailers, as the judge questioned the reliability of some witnesses for the payments giant, who recalled "virtually nothing".
After handing down the first post-trial win for a shareholder class action on damages, a judge has assessed the figure owing the lead applicants, and made orders for a lump sum assessment of costs, which he estimated at $20 million.
Construction PRO
Commercial construction company Shape Australia has made its second acquisition of a retail fitout company in five months, putting down $29.4 million for Australian Professional Shopfitters.
Construction PRO
Finding the documents are not relevant to the dispute, a judge has refused access by Martinus Rail to Qube's agreements with other subcontractors working on Sydney's $4 billion Moorebank Intermodal Terminal.
ASIC is appealing the dismissal of its case against software company Nuix over representations in a prospectus for its $1.7 billion float, saying it was concerned the court got it wrong.
Adelaide lawyer Jason Karas has failed in recusal application but has secured a temporary stay of a ruling that he pay $36.5 million to his former business partner and law firm LK Law.
Two Credit Suisse funds and UBS on Monday lost a battle to shield documents in sprawling litigation over the collapse of trade financier Greensill, failing in their arguments that production of the material ran afoul of Swiss and Luxembourg law.
LG Australia has defeated an appeal of a decision which found it did not breach the duty of care owed to the owners of a refrigerator which caught fire, who were not provided with a replacement through a recall process.