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Banksia mastermind to pay $10M to group members, despite $70M in assets
Class Actions 2025-06-26 11:41 pm By Cindy Cameronne

Entities linked to the late solicitor Mark Elliott are set to pay $10 million to settle claims by Banksia class action members, despite a related company owning $70 million on trust, a court has heard. 

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Rex administrators win more time to negotiate airline’s sale
Restructuring & Insolvency 2025-06-24 11:18 pm By Cindy Cameronne

A judge has approved a bid by administrators of Rex to delay the next creditors’ meeting to continue talks with several potential buyers of the regional airline.

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Privilege waiver over Clifford Chance email doesn’t open door to discovery: court
Contracts 2025-06-02 11:51 pm By Andy Sidler

An email to lawyers at Clifford Chance relied on to show investor Fiona Lock’s understanding of a contested $150 million profit sharing deal with trading platform Pepperstone did not open the door to further correspondence.

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Co-ed a go, court says in win for Sydney’s prestigious Newington College
Education 2025-05-29 11:16 pm By Julia Kanapathippillai

A legal challenge over a Sydney private school’s plans to go co-ed has been dismissed, with a judge ruling the word “youth” in the school’s 150-year old founding document had a gender neutral meaning.

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Aircraft maker can’t pursue claims against Rex over $3M jet sale
Restructuring & Insolvency 2025-05-23 11:12 pm By Cat Fredenburgh

A US-based aircraft serves provider has lost its bid to pursue claims over a $3 million jet sale against discount airline Rex while it’s in administration. In a 16 May decision, the NSW Court of Appeal rejected the appeal of Jet Midwest, saying the primary judge did not err in finding its rights would be…

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SMBC can’t access King & Wood Mallesons docs in $34M case against Humm
Financial Services 2025-05-08 11:00 pm By Christine Caulfield

SMBC has lost a bid for documents connected to King & Wood Mallesons opinions in its suit against fintech Humm linked to the Forum Finance fraud, with a court saying the Japanese bank did not share joint privilege over the material.

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Construction PRO
BaptistCare can use Five Dock social housing as security, court finds
Construction 2025-05-05 11:58 pm By Andy Sidler

A court has clarified that BaptistCare Community Housing can use a social housing property in Five Dock to secure a loan from Housing Australia for improvements at the site. 

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Port of Newcastle can’t move wharf dispute with Glencore out of state court
Energy & Natural Resources 2025-03-11 3:20 pm By Cindy Cameronne

The Port of Newcastle has lost its bid to move a lawsuit filed by Glencore Coal over $870,000 in alleged overcharged shipping fees to the Federal Court. 

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Steller Developments liquidator loses $102M suit against ex-directors
Construction 2025-02-27 11:49 pm By Cindy Cameronne

Collapsed Melbourne developer Steller has failed to convince a court that its founders and two former directors owe $101.9 million, with a judge rejecting claims that they personally guaranteed the company’s debt.

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Steller directors deny they intended to make $120M guarantee
Construction 2025-02-10 11:14 pm By Andy Sidler

Former directors of Steller Developments have told a court they did not intend to guarantee the company’s debt in the event of bankruptcy, as trial kicked off in proceedings by the collapsed Melbourne developer’s liquidators. 

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