David Hume

Credit Suisse has dropped its claim for indemnity against insurance agent BCC under a trade credit policy issued prior to Greensill Capital’s collapse in 2021, with a judge hearing the admission marks a "complete u-turn in the case".

Baggage handling company Alstef Australia has had a partial win in its quest to stop the Brisbane Airport Corporation from calling on $13.4 million in bank guarantees.

Baggage handling company Alstef Australia says the operator of Brisbane Airport is not entitled to call on $13.4 million in bank guarantees, claiming it is owed $32 million in a dispute over a baggage system upgrade at the airport’s domestic terminal.

US-based advisory firm White Oak, which has sued insurer IAL over the collapse of Greensill Capital, has been ordered to hand over WhatsApp messages between its former CEO and billionaire Sanjeev Gupta. 

Airport baggage handling company Alstef Australia is trying to halt Brisbane Airport Corporation from calling on $13.4  million in bank guarantees, in a dispute over a contract for works to upgrade the baggage system at the airport's domestic terminal.

Insurers Marsh Limited and Insurance Australia Limited are seeking production of two reports by Deloitte commissioned by a Swiss law firm in litigation over the collapse of supply chain finance company Greensill Capital. 

NSW builder Hort Constructions is seeking urgent orders to restrain Iluka Resources from calling on a $1.45 million bank guarantee, claiming the mining company is seeking the funds for an improper purpose.

Insurance Australia Limited has settled $4 billion action brought by Germany's Greensill Bank and its administrator ahead of a six-month trial against the insurer and others over the failure of the trade financier.

Builder Watpac has won a battle with developer Romeciti over a final payment claim issued as part of an agreement to construct a $450 million luxury development in Sydney's Macquarie Park.

The NSW Court of Appeal has struck down a law passed in the wake of the Bondi massacre that barred protest after a terrorist incident, finding it unconstitutional.