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Construction PRO
The chair of airport operator APAC has admitted redacting advice from Herbert Smith Freehills Kramer to remove a suggested remedy for major shareholder Dexus' alleged breach of confidentiality, but denies she misled the board.
Construction PRO
A top in-house lawyer at Dexus has told a court the real estate asset manager was using an altered form of a non-disclosure agreement with bidders of a portion of its APAC bloc of shares without the approval of the airport operator's co-owners.
In the first shareholder class action to succeed at trial in Australia, a judge has found logistics chain company Brambles breached its continuous disclosure obligations in relation to an overly rosy 2017 financial forecast amid problems with its North American pallets business.
Construction PRO
The High Court has agreed to review a ruling that upheld an easement of prescription -- or right of long use -- in a fight between a member of the prominent Valmorbida family and an entity linked to the founder of collapsed construction group Steller over access to a Sorrento property.
AstraZeneca can inspect Pharmacor's emails to verify its claim that the merits of its challenge to a patent extension for blockbuster diabetes drug Forxiga were not appreciated at an earlier time, with a judge finding Pharmacor had waived privilege.
Construction PRO
The court battle between APAC and major shareholder Dexus over the sale of an investor's stake in the airport operator went to a hearing this week, but it's the solicitors representing the warring parties that found themselves on trial.
Construction PRO
A senior in-house lawyer at Dexus has rejected suggestions she was “careless” in her role in the sale of shares in Melbourne Airport operator APAC, saying she relied on a subordinate lawyer and others within the business.
A judge hearing a class action against J&J over allegedly ineffective cold medications has questioned the merits of soft class closure in large consumer cases where participation is likely be low, just days after another judge raised similar concerns in a case against Toyota.
A self-disclosed error in modelling by the law firm that ran a class action against Hino Motors has cost the firm an even deeper cut to its payout than the $6 million lopped off its settlement share last year.
Construction PRO
Developer Mulpha is considering launching cross-claims against contractors in a class action on behalf of owners and investors of homes in a 683-lot development in Glenmore Park, NSW.