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Construction PRO
Infrastructure fund manager Dexus must pay a total of $30 million in legal costs to Australia Pacific Airports Corporation and fellow APAC shareholders, after losing its case over a default notice that has forced a sale of Dexus' stake in the airport operator.
Construction PRO
Hearing a fight over $40 million in costs in a case over the sale of Dexus shares in Australia Pacific Airport Corporation, a judge has said he doubts the airport operator can recover the hundreds of thousands of dollars spent on a media consultant during the dispute.
Insurers IAG and RACWA has brought the second appeal of a decision by the Australian Competition and Consumer Commission blocking a transaction under the new merger regime.
Construction PRO
Hotel manager Ennismore has argued a notice by the owners of The Olympia hotel in Paddington terminating a management agreement is invalid and wants the dispute sent to arbitration.
The Australian Energy Regulator has brought a High Court challenge to orders that it return a $25 million penalty paid by power company AGL for overcharging hundreds of customers receiving Centrelink payments.
Instagram owner Meta has settled a competition case brought by a marketing company that alleged the social media giant engaged in anti-competition conduct when it barred the start-up from accessing the platform in 2019.
Instagram owner Meta denies that it engaged in anti-competitive conduct when it barred a social media marketing start-up from accessing the platform in 2019, saying it had the right to terminate due to breaches of its terms of use.
The Australian Energy Regulator must repay AGL a $25 million penalty secured by the watchdog in a Federal Court case, after the power company prevailed on appeal.
Star's former chief legal offer has won a stay of a $400,000 penalty as she appeals a finding that she breached her directors' duties by failing to alert the company's board to money laundering risks in its Sydney casino.
A judge has ruled that former Noumi CEO Rory Macleod failed to ensure the company complied with its financial reporting obligations, but found several of the corporate regulator’s claims fell flat.