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‘Better than nothing’: Judge OKs class action payout in Qoin
A judge has approved a settlement in a class action against crypto firm BPS Financial that gives group members and the funder alleged worthless Qoin, an outcome described as “better than nothing”.
Construction PRO
3A can’t duck cross-claim over cladding at Botany Bay towers
Cladding maker 3A Composites has lost its bid to set aside a cross-claim in a suit against the builder of the Tempo residential towers in Botany Bay over allegedly flammable aluminium composite panels.
Captain Cook hit with $30M in penalties for systemic unconscionable conduct
Defunct education provider Captain Cook College and its parent company have been penalised over $30 million for enrolling thousands of vulnerable students who accrued $60 million in debt.
Construction PRO
‘Extremely inconvenient’: Court unhappy with arbitration push in EnergyConnect project spat
In a court fight between engineering firm Clough and its former joint venture partner Elecnor, a judge has questioned Elecnor’s “extremely inconvenient” bid to send Clough’s $54 million cross-claim to arbitration in Singapore.
TerraCom to pay $7.5M to settle ASIC’s whistleblower suit
Coal producer TerraCom has agreed to pay $7.5 million to resolve ASIC proceedings alleging it made misleading statement to the market that damaged a whistleblower's reputation. 
ASX can’t see file notes of key ASIC interview in CHESS case
A judge has upheld ASIC's privilege claim over a solicitor’s notes from an interview with a tech start-up boss involved in the ASX program to replace its CHESS system. 
Marsh points finger at UBS in $7B Greensill cases
Insurer Marsh has fired off a cross-claim against Swiss bank UBS in several cases brought over Greensill’s $1.7 billion collapse. 
ASIC seeks $30M penalty for Westpac’s ‘scandalous’ conduct
ASIC has asked a court to hit Westpac with a $30 million penalty for IT failures which caused  financial hardship applications to be ignored, conduct a judge has described as "shocking" and "truly scandalous".
Construction PRO
Developer wins appeal over deal for NDIS housing
Developer Thousand Hills Property has won an appeal in its fight with LBA Capital over a scuttled property deal for NDIS housing, with an appeals court accepting that LBA repudiated the deal in an email sent by its former director.
X Corp brings legal challenge over eSafety obligations
X Corp has brought proceedings against the eSafety commissioner arguing it is not covered under a new online safety standard, which allows the regulator to issue fines without a notice.