Real estate asset manager Dexus has won access to advice given by the lawyers of two shareholders of airport operator APAC over an alleged breach of a shareholder deed.
Dexus has claimed legal professional privilege prevents fellow owners of airport operator APAC from accessing tens of thousands of documents as they prepare for trial over an alleged breach of a shareholder deed.
The trustee for shareholders that want to retain their Dexus-managed stake in Australia Pacific Airports Corporation can’t be separately represented from the selling group, a judge has ruled in a case that pits APAC’s investors against each other.
Glencore wants a second chance to argue its case against Port of Newcastle over wharfage fees, which it claims were excessive in light of a determination by the competition watchdog.
Meta has lost its latest bid to strike out the consumer regulator’s case alleging it failed to put up “reasonable safeguards” to prevent scam cryptocurrency ads on its Facebook platform.
Real estate asset manager Dexus wants information that the Asia Pacific Airport Corporation gave to several consultants in a court battle over allegations it breached a shareholder deed in selling a stake in the airport operator.
A judge has refused a bid by the Port of Newcastle to make declarations following the dismissal of Glencore Coal’s case claiming it was overcharged $874,000 in wharfage fees, saying her judgment was clear on its face.
Port of Newcastle has failed in its bid for declarations following its defeat of of Glencore Coal’s case over wharfage fees, despite arguing further disputes could be avoided.
Glencore Coal has lost its case against the Port of Newcastle alleging it has been overcharged shipping fees based on a determination by the competition watchdog.
Real estate asset manager Dexus will cover the legal costs of shareholders whose stake in Australia Pacific Airports Corporation hangs in the balance, as it reveals a $55 million book value increase.