The High Court has agreed to hear the ATO’s bid to reverse landmark ruling that found an unpaid present entitlement to a corporate beneficiary is not a loan under tax law, a decision that affects $50 billion in trust distributions. The Tax Office won special leave from the High Court on Thursday, as it seeks…
A class action against KPMG and former Arrium directors wants to wait for the High Court’s pending ruling on common fund orders before pulling the trigger on a group costs order, a request that earned a judge’s grilling for what she described as a hunt for greener grass.
A judge has sent to the Full Federal Court Medibank’s fight to shield Deloitte reports into a data breach, raising concerns about how evidence from a solicitor and the health insurer’s inhouse lawyer was previously treated.
A judge has granted Shaw & Partners’ bid for preliminary discovery for a possible suit against an advisor that jumped ship to Solomons Wealth Management.
Medical device maker Exactech will pay $8.7 million to end a class action that alleges its joint replacement implants were defective.
After describing the $836 million project for a new Sydney Fish Market as “an architecturally designed death knell to the NSW seafood industry”, the market operator has mostly lost its application to make Infrastructure NSW hand over 100 project documents.
The Fair Work Ombudsman will seek default judgment against former CFMEU secretary John Setka, who has failed to engage with the regulator’s case alleging he attempted to get the former head of the construction industry regulator fired.
A judge has found that a Melbourne law firm gave negligent advice to the plaintiff in a historical sexual abuse case, which meant his “viable” claim for economic loss was never pursued.
Roberts Co will have to pay a $3.2 million payment claim served by subcontractor Sharvain Facades at 7:18pm on a Friday, after a judge found the claim was validly issued that day.
A judge has rejected developer Kaloriziko’s claim that a property deal involving related parties extinguished a $2.12 million liability to a builder in relation to the construction of the ‘Sky Gardens’ residential development in Ryde, NSW.