Michael Izzo

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. 

The receiver for failed Banksia Securities wants a release from claims stemming from his role, including a case by investors who lost their life savings only to be duped by the class action team that represented them.

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.

A judge has given the greenlight to a $10 million settlement with entities linked to late solicitor and Banksia class action mastermind Mark Elliott, noting the “perverse” difficulty of recovering more of the $70 million in assets held on trust.

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. 

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.

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.

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.

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.