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Mrs Mac’s CFO silent on financial woes, court finds in partial win for Octet
Octet Finance has won a $38,000 judgment against the ex-CFO of defunct pie maker Mrs Mac’s, with a court finding he failed to correct a statement that the trade financier would likely be repaid in full following a $4 million recapitalisation.
Construction PRO
Liquidators of collapsed developer FSM can’t access Ray White, KWM emails
The liquidators of a defunct developer FSM have lost their bid to access unredacted copies of emails between Ray White Capital and King & Wood Mallesons.
Construction PRO
Builder in ‘hibernation’ must pay Ertech security in payment claim row
A court has ordered Queensland builder ADLU to provide security in its dispute with engineering contractor Ertech, finding that its self-imposed "hibernation" disguised a practical impecuniosity.
Construction PRO
iProsperity exec owes $5.3M for misleading ZACD on funds for $300M hotel deal
An iProsperity director must pay $5.3 million to ZACD for his conduct in convincing the Singapore-based real estate investment firm to cough up $37.5 million for its $300 million purchase of the AccorInvest hotels portfolio.
Construction PRO
Dexus must sell stake in $1.7B shopping centre to Macquarie after failed appeal
An appeals court has rejected Dexus' challenge to a finding that it must sell its 50 per cent stake in Sydney’s largest suburban shopping centre to Macquarie Retail, saying its arguments contradicted the “evident commercial purpose” of the contracts at issue.
Construction PRO
Dexus tells appeals court judge erred in fight with Macquarie over $1.7B shopping centre
A Dexus property fund has argued that a judge went the “wrong way” in deciding that it was forced to sell its 50 per cent stake in Sydney’s largest suburban shopping centre to Macquarie Retail. 
High Court asked to hear coverage row over Knox Grammar abuse claims
The Uniting Church has asked the High Court to weigh in after an appeals court found insurer Allianz was not on the hook for claims of abuse at exclusive Sydney private school Knox Grammar.
Munich Re can bring fresh claims in $700M case against AMP
Munich Reinsurance has been given the OK to bring additional claims in its $696 million lawsuit, which accuses AMP of misleading or deceptive conduct over a quota share agreement.
Former Star Entertainment execs cop penalties after settling with ASIC
A judge has imposed penalties against Star's former managing director and former CFO as part of settlements reached with the corporate regulator, as trial against nine other executives continues.
Twigg family lawsuit against Pitcher Partners settles for $25M
A lawsuit alleging accounting firm Pitcher Partners was involved in race car driver Max Twigg’s misappropriation of $127 million from his family has settled for $25 million plus costs.