Real estate investor Mapletree Logistics Trust has sold its logistics facility in Victoria’s Wodonga for $60 million, saying the hub was no longer in line with its investment strategy.
National Australia Bank and its home loan lender subsidiary have been ordered to pay a $15.5 million penalty after admitting to mishandling hundreds of customer hardship applications.
The CEO of embattled Melbourne builder Vansan Construction is fighting a $2 million default judgment for SK Developments, saying he was given no opportunity to defend himself.
Law firm HWL Ebsworth, which was found liable for negligence over advice on a Parramatta land development, has lost its opposition to a referee process for calculating damages.
Energy giant Santos has won a dispute over its Gladstone LNG project, described by a court as “litigation on a monumental scale”, securing a $692 million judgment against engineering firm Fluor with the help of four silks.
E-commerce merchandise importer New Aim is challenging the dismissal of its trade secrets case against a former employee, who gave the contact details of the company’s suppliers to a competitor after jumping ship.
Genomic sequencing company Oxford Nanopore Technologies has sued MGI Australia alleging infringement of four patents covering nanopore technology.
Mercedes-Benz dealers are pressing on with their $650 million battle over the luxury car maker’s move to a fixed-priced agency model, taking their case to the High Court.
A fight over legal professional privilege is looming in a case against HWL Ebsworth and a former partner by investors in projects by property developer Belmore 88.
Star Entertainment says it is “unlikely” an agreement will reached by the end of the month for its Queen’s Wharf partners to buy out its stake in the Brisbane entertainment project.