Michael Izzo

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. 

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. 

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.

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. 

The firm that represented the funder of the notorious Banksia class action faces potential proceedings by a group of debenture holders. Meanwhile, Banksia's receiver wants a court direction that he is justified in not pursuing the lawyers.

The High Court has denied special leave to the Commonwealth on behalf of employees of collapsed fintech Spitfire in a battle over $2 million in research and development tax refunds.

A private investment fund has won its claim as a secured creditor over $2 million in research and development tax refunds that a court previously found should go to employees in a fight over funds remaining following the collapse of fintech Spitfire Corporation. 

Real estate investment trust NorthWest can amend its pleadings in a lawsuit alleging one of the country’s largest unlisted healthcare property funds conspired to prevent it from acquiring a controlling stake, but has come up short in its bid to add to its claims against property giant Dexus.

A judge has declined Expert Group’s bid to bring court proceedings about the amount of an earn-out owed under its agreement to sell cloud services provider Experteq IT Services, finding the firm had agreed to resolve the matter by expert determination.

Japanese bank SMBC has foreshadowed an application to add claims against Humm Group after the fintech's subsidiary allegedly misled the bank about receivables under contracts forged by a Forum Group entity.