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Construction PRO
The failed construction business of Allmine Group's Arccon was not insolvent when it paid $7 million in tax liabilities, despite signs of financial distress, a judge has found, dismissing a case by a liquidator's assignee against the tax office.
A tribunal has found a Victorian solicitor guilty of professional misconduct for over-promising on the prospects of success of a proposed property investment class action, which was never brought.
A former partner at Potentia Capital Management has brought proceedings claiming the private equity firm breached a settlement agreement after his employment at its fintech Linkly was terminated following alleged whistleblower complaints.
Global jewellery company Pandora has been ordered to pay $467,000 with interest to one of its former franchisees, after being scammed into transferring the money into an unknown third-party bank account.
Construction PRO
Lawyers for LBJ Developments have told a judge that its joint venture partners on a development at the former Lilydale quarry breached their obligations by failing to honour a contractual right to tender for quarry filling works at the site.
Construction PRO
An RSL club in Wollongong, NSW can't pause execution of a $3 million judgment secured by a contractor pending determination of a defects case, despite claiming "catastrophic" consequences.
The judge overseeing the federal government’s $2 billion PFAS lawsuit against 3M is grappling with how to move the "daunting" case forward, warning the parties "we'll all be retired if not dead by the time it comes to trial".
A judge has granted Johnson & Johnson's bid for soft class closure in a class action over alleged ineffective cold medications, saying it would aid in settlement negotiations.
A judge has slammed NAB for failing to comply with court orders in a negligence case against the bank, calling its actions "discourteous and unacceptable".
The corporate regulator has sought court declarations against super trustee Netwealth over the failed First Guardian investment fund, which along with the collapsed Shield is believed responsible for $1 billion in losses.