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Construction PRO
Court turfs Qube’s $71M appeal over ‘incomprehensible’ payment schedule
Logistics company Qube can't dodge a $71 million payment to subcontractor Martinus Rail, with an appeals court finding no error in an adjudicator's finding that Qube’s payment schedule was "incomprehensible".  
Construction PRO
Qube slashes Martinus’ costs in spat over terminal construction
Logistics giant Qube has partially prevailed in setting aside amounts Martinus Rail claimed it was owed under a contract for work at an intermodal freight terminal in Moorebank, NSW.
Qube wins $40M cut to sum owed to logistics hub subcontractor
Logistics giant Qube has won a $40 million cut to amounts owed to Martinus Rail in a dispute over construction of the Moorebank terminal project in Sydney's west.
Qube can draw on $7M in spat with Martinus over interstate rail project
Martinus Rail cant stop logistics company Qube from calling on $7 million in bank guarantees as part of a dispute over the construction of the Moorebank Interstate Intermodal terminal and rail project, after a judge rejected the argument that drawing on the funds would contravene the Security of Payment Act.
Bell Potter defeats $10M lawsuit over 1 minute trading call
Bell Potter has defeated a lawsuit by Nicholas Bolton’s Keybridge Capital over a 2015 phone call which lasted one minute and 18 seconds in which the investment firm was accused of committing its client to buy $10 million worth of shares in defunct Molopo Energy.
Judge shoots down ex-ANZ trader’s ’emaciated’ bid to view lawyer meeting notes
A former ANZ trader who alleges he was sacked for complaining about the bank's manipulation of the bank bill swap rate has lost his bid to view lawyers' notes taken during meetings over ASIC's investigation into the bank's conduct.
‘Whole world of pain’ for solicitors if ex-ANZ trader won privilege spat, judge says
A judge has said if he sides with a former ANZ trader in a privilege dispute with the bank over file notes from 2014 meetings over ASIC's bank bill swap rate investigations it would create a "whole world of pain" for solicitors claiming privilege over their notes in other cases.
Investors set to get 40% of settlement in class action against Westpac’s BankSA
Group members in a recently settled class action against Westpac unit BankSA over its conduct in connection with convicted Ponzi schemer Michael Samra are expected to get 40 per cent of the confidential settlement, a result a judge said wasn't as bad as he might have feared.
Fitch settles investor class action over credit ratings on toxic SCDOs
Fitch Ratings has agreed to settle the last of the investor class actions in Australia flowing from the global financial crisis, a court heard Friday.
“I’d be happy to mediate it myself”: Judge cheers talks in Fitch class action
Parties in an ongoing four-and-a-half year long investor class action against Fitch Ratings have agreed to a second round of mediation after a prior attempt was adjourned without success.