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Three Keybridge directors breached their duties when they approved a $4.75 million bonus for CEO Nicholas Bolton and arranged for the financially distressed company to advance Bolton a loan to acquire a $20 million property in Lake Como, a judge has found.
The High Court has upheld an appeals court ruling that Billabong founder Gordon Merchant is liable for a $31 million tax bill after selling his company, finding there was no other "meaningful or realistic" objective of the sale.
A former US congressman who holds shares in Queensland gold mining company Citigold is seeking to bring a derivative action in the Federal Court, accusing the brother of company chairman Mark Lynch of trading on sensitive inside information.
The High Court is hearing two challenges to the government's kids social media ban this week, with Reddit arguing the Commonwealth “cannot justify” the burden on the freedom of political communication.
A class action against Meta over social media addiction will have to wait until a second prospective class action is lodged as planned, a court said Tuesday.
Construction PRO
An appeals court has overturned a finding that a Canberra golf course owner is restrained from developing the site by private covenants held by lot owners in a neighbouring residential estate.
Construction PRO
The High Court has declined to take up an appeal by the developer behind the rebranding of the Seasons of Perth hotel, which asked the court to weigh in on "draconian" security of payment laws.
Construction PRO
The High Court has declined to hear the appeal of a landowner that lost a bid to remove a section of the Grand Pacific Walk north of Wollongong because the popular walkway deprived it of car access to its coastal property.
Construction PRO
A judge has tossed developer ApyHome's appeal of the refusal of its plan for an 88-lot development in Lawrence, NSW, finding it would have an unacceptable impact on the local car ferry service.
Construction PRO
A judge has rejected a bid for an elder to inspect land at Brunswick Heads in his claim that developer Clarence Property will breach laws against desecration of Aboriginal objects when it builds artificial frog ponds as part of its 123-lot residential development.